abrdn Physical Gold Shares ETF $SGOL Stock Position Reduced by Evelyn Partners Asset Management Ltd

Evelyn Partners Asset Management Ltd lessened its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 10.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 181,793 shares of the company’s stock after selling 20,537 shares during the quarter. abrdn Physical Gold Shares ETF accounts for about 2.0% of Evelyn Partners Asset Management Ltd’s holdings, making the stock its 16th biggest position. Evelyn Partners Asset Management Ltd’s holdings in abrdn Physical Gold Shares ETF were worth $8,112,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Waverly Advisors LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 3,435.6% during the 1st quarter. Waverly Advisors LLC now owns 953,728 shares of the company’s stock valued at $42,555,000 after buying an additional 926,753 shares during the period. Jain Global LLC acquired a new position in shares of abrdn Physical Gold Shares ETF in the fourth quarter worth $26,465,000. E Fund Management Co. Ltd. increased its stake in shares of abrdn Physical Gold Shares ETF by 530.3% in the second quarter. E Fund Management Co. Ltd. now owns 753,291 shares of the company’s stock worth $23,759,000 after acquiring an additional 633,786 shares during the last quarter. LPL Financial LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 17.1% in the fourth quarter. LPL Financial LLC now owns 2,059,659 shares of the company’s stock worth $84,611,000 after acquiring an additional 300,746 shares during the last quarter. Finally, Fulcrum Wealth Advisors LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the fourth quarter worth $11,600,000.

abrdn Physical Gold Shares ETF Price Performance

SGOL opened at $38.87 on Tuesday. abrdn Physical Gold Shares ETF has a 1 year low of $31.16 and a 1 year high of $52.84. The stock has a fifty day moving average price of $40.19 and a 200 day moving average price of $43.94.

abrdn Physical Gold Shares ETF Company Profile

The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.