World Investment Advisors LLC Cuts Stock Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

World Investment Advisors LLC decreased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 7.0% in the third quarter, HoldingsChannel reports. The fund owned 83,792 shares of the company’s stock after selling 6,349 shares during the quarter. World Investment Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,106,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sunbelt Securities Inc. acquired a new stake in abrdn Physical Gold Shares ETF in the second quarter worth about $26,000. Exchange Traded Concepts LLC acquired a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter worth approximately $47,000. FMR LLC grew its position 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 worth $107,000 after purchasing an additional 652 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in abrdn Physical Gold Shares ETF during the 2nd quarter valued at approximately $184,000. Finally, Allworth Financial LP increased its stake in abrdn Physical Gold Shares ETF by 33.3% during the 3rd quarter. Allworth Financial LP now owns 7,418 shares of the company’s stock valued at $186,000 after purchasing an additional 1,853 shares in the last quarter.

abrdn Physical Gold Shares ETF Trading Down 1.2 %

NYSEARCA:SGOL opened at $25.28 on Friday. abrdn Physical Gold Shares ETF has a 12 month low of $18.97 and a 12 month high of $26.65. The firm has a fifty day simple moving average of $25.49 and a 200-day simple moving average of $24.12.

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.