Fiduciary Financial Group LLC Buys 2,366 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Fiduciary Financial Group LLC raised its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 86,417 shares of the company’s stock after acquiring an additional 2,366 shares during the quarter. Fiduciary Financial Group LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,219,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC lifted its holdings in abrdn Physical Gold Shares ETF by 18.1% during the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after purchasing an additional 652 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter worth approximately $725,000. JPMorgan Chase & Co. increased its holdings in shares of abrdn Physical Gold Shares ETF by 393.3% during the third quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock worth $22,257,000 after buying an additional 706,134 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in shares of abrdn Physical Gold Shares ETF by 24.6% in the third quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock valued at $1,478,000 after acquiring an additional 11,601 shares during the last quarter. Finally, Arete Wealth Advisors LLC boosted its holdings in shares of abrdn Physical Gold Shares ETF by 9.1% in the 3rd quarter. Arete Wealth Advisors LLC now owns 16,658 shares of the company’s stock worth $418,000 after acquiring an additional 1,393 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

NYSEARCA SGOL opened at $25.54 on Wednesday. The stock’s 50 day simple moving average is $25.22 and its 200 day simple moving average is $24.56. abrdn Physical Gold Shares ETF has a one year low of $18.97 and a one year high of $26.65.

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.