abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by Mountain Lake Investment Management LLC

Mountain Lake Investment Management LLC reduced its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 22.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 447,295 shares of the company’s stock after selling 127,705 shares during the period. abrdn Physical Gold Shares ETF makes up about 13.0% of Mountain Lake Investment Management LLC’s portfolio, making the stock its biggest holding. Mountain Lake Investment Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $11,203,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Mutual Advisors LLC lifted its holdings in abrdn Physical Gold Shares ETF by 0.9% during the 4th quarter. Mutual Advisors LLC now owns 62,389 shares of the company’s stock worth $1,617,000 after purchasing an additional 554 shares during the last quarter. True North Advisors LLC increased its stake in abrdn Physical Gold Shares ETF by 0.6% during the 4th quarter. True North Advisors LLC now owns 91,932 shares of the company’s stock worth $2,303,000 after acquiring an additional 575 shares during the period. Beaumont Financial Advisors LLC increased its stake in abrdn Physical Gold Shares ETF by 3.7% during the 4th quarter. Beaumont Financial Advisors LLC now owns 17,025 shares of the company’s stock worth $426,000 after acquiring an additional 600 shares during the period. FMR LLC increased its stake 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 acquiring an additional 652 shares during the period. Finally, Sigma Planning Corp increased its stake in abrdn Physical Gold Shares ETF by 3.1% during the 3rd quarter. Sigma Planning Corp now owns 21,996 shares of the company’s stock worth $553,000 after acquiring an additional 669 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock opened at $27.54 on Friday. The stock’s fifty day moving average price is $25.93 and its two-hundred day moving average price is $25.20. abrdn Physical Gold Shares ETF has a one year low of $19.08 and a one year high of $27.96.

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.