abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) is Capital Management Associates Inc’s 9th Largest Position

Capital Management Associates Inc grew its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 5.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 325,352 shares of the company’s stock after acquiring an additional 15,410 shares during the quarter. abrdn Physical Gold Shares ETF comprises approximately 4.4% of Capital Management Associates Inc’s investment portfolio, making the stock its 9th biggest position. Capital Management Associates Inc’s holdings in abrdn Physical Gold Shares ETF were worth $7,229,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SGOL. AdvisorNet Financial Inc increased its position in abrdn Physical Gold Shares ETF by 4.1% during the first quarter. AdvisorNet Financial Inc now owns 13,565 shares of the company’s stock worth $288,000 after purchasing an additional 535 shares during the last quarter. Madden Advisory Services Inc. raised its position in shares of abrdn Physical Gold Shares ETF by 4.3% during the 4th quarter. Madden Advisory Services Inc. now owns 22,756 shares of the company’s stock valued at $449,000 after buying an additional 930 shares during the period. Brookstone Capital Management raised its position in shares of abrdn Physical Gold Shares ETF by 0.7% during the 1st quarter. Brookstone Capital Management now owns 127,122 shares of the company’s stock valued at $2,700,000 after buying an additional 931 shares during the period. Investment Partners Asset Management Inc. lifted its holdings in abrdn Physical Gold Shares ETF by 2.2% in the first quarter. Investment Partners Asset Management Inc. now owns 44,264 shares of the company’s stock valued at $940,000 after acquiring an additional 947 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in abrdn Physical Gold Shares ETF by 1.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 64,863 shares of the company’s stock worth $1,280,000 after acquiring an additional 996 shares during the period.

abrdn Physical Gold Shares ETF Price Performance

SGOL stock traded down $0.16 during midday trading on Friday, hitting $23.91. 3,513,734 shares of the company’s stock were exchanged, compared to its average volume of 3,423,013. abrdn Physical Gold Shares ETF has a 1-year low of $17.35 and a 1-year high of $24.18. The business has a 50-day simple moving average of $23.12 and a two-hundred day simple moving average of $22.12.

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.