abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Stock Position Reduced by Nwam LLC

Nwam LLC trimmed its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 3.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,463 shares of the company’s stock after selling 560 shares during the quarter. Nwam LLC’s holdings in abrdn Physical Gold Shares ETF were worth $412,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in SGOL. Metis Global Partners LLC boosted its holdings in abrdn Physical Gold Shares ETF by 34.6% in the third quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock worth $117,050,000 after purchasing an additional 1,197,086 shares during the period. Quadrature Capital Ltd bought a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter worth about $35,703,000. Pure Portfolios Holdings LLC boosted its holdings in shares of abrdn Physical Gold Shares ETF by 5.1% in the 4th quarter. Pure Portfolios Holdings LLC now owns 1,063,205 shares of the company’s stock valued at $26,633,000 after buying an additional 51,864 shares during the period. JPMorgan Chase & Co. grew its position in shares of abrdn Physical Gold Shares ETF by 393.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after buying an additional 706,134 shares during the last quarter. Finally, Bank of Montreal Can acquired a new stake in abrdn Physical Gold Shares ETF during the third quarter worth about $20,710,000.

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA SGOL opened at $27.26 on Friday. The firm’s 50-day moving average price is $26.43 and its two-hundred day moving average price is $25.52. abrdn Physical Gold Shares ETF has a 52-week low of $19.53 and a 52-week high of $28.17.

About abrdn Physical Gold Shares ETF

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.