Brookstone Capital Management Boosts Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Brookstone Capital Management boosted its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Get Rating) by 18.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 156,086 shares of the company’s stock after buying an additional 24,095 shares during the period. Brookstone Capital Management owned approximately 0.11% of abrdn Physical Gold Shares ETF worth $2,792,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SGOL. Jane Street Group LLC raised its holdings in abrdn Physical Gold Shares ETF by 796.7% in the third quarter. Jane Street Group LLC now owns 3,354,404 shares of the company’s stock valued at $53,402,000 after buying an additional 2,980,338 shares during the period. Virtu Financial LLC purchased a new position in abrdn Physical Gold Shares ETF in the second quarter valued at approximately $9,240,000. Worth Asset Management LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the first quarter valued at approximately $9,003,000. Kestra Advisory Services LLC raised its stake in shares of abrdn Physical Gold Shares ETF by 3,251.7% during the third quarter. Kestra Advisory Services LLC now owns 499,472 shares of the company’s stock valued at $7,952,000 after purchasing an additional 484,570 shares during the period. Finally, Ameliora Wealth Management Ltd. purchased a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter valued at approximately $7,560,000.

abrdn Physical Gold Shares ETF Trading Up 2.9 %

SGOL opened at $18.93 on Friday. The firm’s 50 day moving average is $18.00 and its 200-day moving average is $17.05. abrdn Physical Gold Shares ETF has a 52-week low of $15.50 and a 52-week high of $19.13.

abrdn Physical Gold Shares ETF Profile

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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.