Captrust Financial Advisors Sells 4,496 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Captrust Financial Advisors lessened its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 154,771 shares of the company’s stock after selling 4,496 shares during the period. Captrust Financial Advisors’ holdings in abrdn Physical Gold Shares ETF were worth $3,889,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SGOL. Cetera Investment Advisers boosted its holdings in abrdn Physical Gold Shares ETF by 293.6% in the first quarter. Cetera Investment Advisers now owns 388,069 shares of the company’s stock worth $8,243,000 after acquiring an additional 289,465 shares in the last quarter. Cetera Advisors LLC boosted its holdings in abrdn Physical Gold Shares ETF by 2.6% in the first quarter. Cetera Advisors LLC now owns 55,993 shares of the company’s stock worth $1,189,000 after acquiring an additional 1,401 shares in the last quarter. Worth Asset Management LLC boosted its holdings in abrdn Physical Gold Shares ETF by 801.0% in the second quarter. Worth Asset Management LLC now owns 191,930 shares of the company’s stock worth $4,265,000 after acquiring an additional 170,627 shares in the last quarter. Transform Wealth LLC boosted its holdings in abrdn Physical Gold Shares ETF by 36.1% in the second quarter. Transform Wealth LLC now owns 18,840 shares of the company’s stock worth $419,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Financial Designs Corp boosted its holdings in abrdn Physical Gold Shares ETF by 12.2% in the second quarter. Financial Designs Corp now owns 12,385 shares of the company’s stock worth $275,000 after acquiring an additional 1,350 shares in the last quarter.

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA SGOL opened at $25.23 on Wednesday. The business has a 50-day simple moving average of $25.49 and a two-hundred day simple moving average of $23.95. abrdn Physical Gold Shares ETF has a fifty-two week low of $18.90 and a fifty-two week high of $26.65.

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.