Foundations Investment Advisors LLC Lowers Stake in abrdn Physical Gold Shares ETF $SGOL

Foundations Investment Advisors LLC decreased its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOLFree Report) by 86.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,267 shares of the company’s stock after selling 61,056 shares during the period. Foundations Investment Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $341,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SGOL. Alpine Bank Wealth Management lifted its stake in shares of abrdn Physical Gold Shares ETF by 100.0% in the third quarter. Alpine Bank Wealth Management now owns 28,000 shares of the company’s stock worth $1,031,000 after buying an additional 14,000 shares in the last quarter. Alpha Cubed Investments LLC purchased a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $266,000. Client First Investment Management LLC purchased a new position in abrdn Physical Gold Shares ETF in the 3rd quarter worth approximately $461,000. Inspire Advisors LLC lifted its position in abrdn Physical Gold Shares ETF by 23.3% in the 3rd quarter. Inspire Advisors LLC now owns 222,883 shares of the company’s stock valued at $8,204,000 after acquiring an additional 42,124 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in abrdn Physical Gold Shares ETF in the 2nd quarter valued at approximately $28,000.

Key Headlines Impacting abrdn Physical Gold Shares ETF

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

abrdn Physical Gold Shares ETF Price Performance

abrdn Physical Gold Shares ETF stock opened at $47.10 on Wednesday. abrdn Physical Gold Shares ETF has a 12 month low of $27.02 and a 12 month high of $52.84. The stock has a fifty day simple moving average of $42.96 and a two-hundred day simple moving average of $38.23.

About abrdn Physical Gold Shares ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

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