Stapp Wealth Management Pllc Boosts Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Stapp Wealth Management Pllc grew its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 0.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 230,619 shares of the company’s stock after buying an additional 1,585 shares during the period. abrdn Physical Gold Shares ETF makes up 8.5% of Stapp Wealth Management Pllc’s investment portfolio, making the stock its 4th largest holding. Stapp Wealth Management Pllc’s holdings in abrdn Physical Gold Shares ETF were worth $4,898,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SGOL. Harbour Investments Inc. raised its position in abrdn Physical Gold Shares ETF by 3.1% in the 3rd quarter. Harbour Investments Inc. now owns 109,540 shares of the company’s stock valued at $1,938,000 after buying an additional 3,343 shares during the last quarter. WT Wealth Management increased its position in shares of abrdn Physical Gold Shares ETF by 42.4% during the 3rd quarter. WT Wealth Management now owns 763,820 shares of the company’s stock valued at $13,512,000 after purchasing an additional 227,599 shares during the last quarter. Financial Insights Inc. purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 3rd quarter valued at $485,000. WealthPlan Investment Management LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter valued at $375,000. Finally, Worth Asset Management LLC purchased a new stake in abrdn Physical Gold Shares ETF in the 4th quarter worth about $4,741,000.

abrdn Physical Gold Shares ETF Trading Up 1.2 %

SGOL traded up $0.27 during trading hours on Wednesday, hitting $22.53. The stock had a trading volume of 1,688,159 shares, compared to its average volume of 3,272,974. The company’s fifty day simple moving average is $22.33 and its 200 day simple moving average is $20.99. abrdn Physical Gold Shares ETF has a 1 year low of $17.35 and a 1 year high of $23.30.

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.