Financial Advocates Investment Management Has $1.17 Million Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Financial Advocates Investment Management decreased its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 46,525 shares of the company’s stock after selling 696 shares during the period. Financial Advocates Investment Management’s holdings in abrdn Physical Gold Shares ETF were worth $1,169,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter valued at $26,000. Exchange Traded Concepts LLC acquired a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter valued at $47,000. Center for Financial Planning Inc. acquired a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter valued at $47,000. GPS Wealth Strategies Group LLC purchased a new position in abrdn Physical Gold Shares ETF during the 2nd quarter worth $152,000. Finally, Allworth Financial LP boosted its holdings 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 worth $186,000 after acquiring an additional 1,853 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Down 0.4 %

SGOL opened at $26.11 on Friday. The firm’s fifty day moving average price is $25.02 and its two-hundred day moving average price is $23.49. abrdn Physical Gold Shares ETF has a 1 year low of $18.48 and a 1 year high of $26.65.

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.