Seven Post Investment Office LP Sells 1,149 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Seven Post Investment Office LP reduced its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 6.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,563 shares of the company’s stock after selling 1,149 shares during the period. abrdn Physical Gold Shares ETF accounts for approximately 0.2% of Seven Post Investment Office LP’s portfolio, making the stock its 27th biggest holding. Seven Post Investment Office LP’s holdings in abrdn Physical Gold Shares ETF were worth $415,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Metis Global Partners LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 34.6% in the third quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock worth $117,050,000 after buying an additional 1,197,086 shares during the last quarter. Quadrature Capital Ltd bought a new position in abrdn Physical Gold Shares ETF in the 3rd quarter worth $35,703,000. Pure Portfolios Holdings LLC acquired a new position in abrdn Physical Gold Shares ETF during the 3rd quarter worth $25,415,000. JPMorgan Chase & Co. boosted its holdings in abrdn Physical Gold Shares ETF by 393.3% during the third quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after acquiring an additional 706,134 shares during the period. Finally, Bank of Montreal Can bought a new stake in abrdn Physical Gold Shares ETF during the third quarter valued at about $20,710,000.

abrdn Physical Gold Shares ETF Trading Down 0.6 %

abrdn Physical Gold Shares ETF stock opened at $25.77 on Tuesday. abrdn Physical Gold Shares ETF has a 52 week low of $18.97 and a 52 week high of $26.65. The business’s 50-day simple moving average is $25.23 and its 200-day simple moving average is $24.68.

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.