MONECO Advisors LLC Acquires Shares of 112,206 abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

MONECO Advisors LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 112,206 shares of the company’s stock, valued at approximately $2,215,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Keener Financial Planning LLC purchased a new stake in abrdn Physical Gold Shares ETF during the 4th quarter valued at $35,000. Gradient Investments LLC bought a new position in shares of abrdn Physical Gold Shares ETF during the third quarter valued at approximately $38,000. Headlands Technologies LLC purchased a new stake in abrdn Physical Gold Shares ETF in the fourth quarter worth $85,000. Householder Group Estate & Retirement Specialist LLC boosted its holdings in abrdn Physical Gold Shares ETF by 108.5% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,054 shares of the company’s stock valued at $99,000 after acquiring an additional 2,630 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in abrdn Physical Gold Shares ETF during the 3rd quarter valued at $117,000.

abrdn Physical Gold Shares ETF Stock Down 1.9 %

NYSEARCA SGOL traded down $0.43 during trading on Tuesday, hitting $21.89. The company had a trading volume of 4,744,327 shares, compared to its average volume of 3,364,934. abrdn Physical Gold Shares ETF has a one year low of $17.35 and a one year high of $23.24. The company’s fifty day moving average is $21.18 and its 200-day moving average is $19.92.

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.