abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Reaches New 12-Month High at $23.88

Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) reached a new 52-week high during trading on Friday . The stock traded as high as $23.88 and last traded at $23.85, with a volume of 479883 shares trading hands. The stock had previously closed at $23.45.

abrdn Physical Gold Shares ETF Stock Up 1.4 %

The firm’s fifty day moving average price is $22.73 and its 200 day moving average price is $21.76.

Institutional Trading of abrdn Physical Gold Shares ETF

Large investors have recently made changes to their positions in the business. Sunbelt Securities Inc. purchased a new stake in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at $26,000. Center for Financial Planning Inc. purchased a new stake in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at $47,000. Sachetta LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the 4th quarter valued at $84,000. Headlands Technologies LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the 4th quarter valued at $85,000. Finally, GPS Wealth Strategies Group LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at $152,000.

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.