Pure Portfolios Holdings LLC Purchases 8,942 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Pure Portfolios Holdings LLC raised its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 0.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,072,147 shares of the company’s stock after purchasing an additional 8,942 shares during the quarter. abrdn Physical Gold Shares ETF comprises about 11.7% of Pure Portfolios Holdings LLC’s investment portfolio, making the stock its largest position. Pure Portfolios Holdings LLC’s holdings in abrdn Physical Gold Shares ETF were worth $31,971,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CIBC Private Wealth Group LLC raised its position in shares of abrdn Physical Gold Shares ETF by 1.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 22,479 shares of the company’s stock worth $571,000 after purchasing an additional 388 shares during the period. WCG Wealth Advisors LLC raised its position in shares of abrdn Physical Gold Shares ETF by 0.7% during the 4th quarter. WCG Wealth Advisors LLC now owns 89,888 shares of the company’s stock worth $2,252,000 after purchasing an additional 618 shares during the period. Global Assets Advisory LLC raised its position in shares of abrdn Physical Gold Shares ETF by 1.4% during the 4th quarter. Global Assets Advisory LLC now owns 46,408 shares of the company’s stock worth $1,178,000 after purchasing an additional 620 shares during the period. Sovereign Financial Group Inc. raised its position in shares of abrdn Physical Gold Shares ETF by 4.7% during the 1st quarter. Sovereign Financial Group Inc. now owns 14,136 shares of the company’s stock worth $422,000 after purchasing an additional 630 shares during the period. Finally, Capital Advisory Group Advisory Services LLC raised its position in shares of abrdn Physical Gold Shares ETF by 0.7% during the 1st quarter. Capital Advisory Group Advisory Services LLC now owns 90,287 shares of the company’s stock worth $2,692,000 after purchasing an additional 665 shares during the period.

abrdn Physical Gold Shares ETF Trading Down 0.7%

Shares of abrdn Physical Gold Shares ETF stock opened at $31.79 on Friday. The business’s 50 day simple moving average is $31.69 and its 200-day simple moving average is $29.13. abrdn Physical Gold Shares ETF has a twelve month low of $22.44 and a twelve month high of $32.88.

abrdn Physical Gold Shares ETF 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.