WT Wealth Management Has $10.98 Million Stock Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

WT Wealth Management lifted its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 23.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 438,424 shares of the company’s stock after buying an additional 83,171 shares during the quarter. abrdn Physical Gold Shares ETF comprises 3.4% of WT Wealth Management’s portfolio, making the stock its 3rd biggest holding. WT Wealth Management owned about 0.31% of abrdn Physical Gold Shares ETF worth $10,983,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Mutual Advisors LLC raised its holdings in shares of abrdn Physical Gold Shares ETF by 0.9% in the fourth quarter. Mutual Advisors LLC now owns 62,389 shares of the company’s stock valued at $1,617,000 after buying an additional 554 shares during the last quarter. True North Advisors LLC raised its holdings in shares of abrdn Physical Gold Shares ETF by 0.6% in the fourth quarter. True North Advisors LLC now owns 91,932 shares of the company’s stock valued at $2,303,000 after buying an additional 575 shares during the last quarter. Beaumont Financial Advisors LLC raised its holdings in shares of abrdn Physical Gold Shares ETF by 3.7% in the fourth quarter. Beaumont Financial Advisors LLC now owns 17,025 shares of the company’s stock valued at $426,000 after buying an additional 600 shares during the last quarter. FMR LLC raised its holdings 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. Finally, Sigma Planning Corp raised its holdings 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 purchasing an additional 669 shares during the last quarter.

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA:SGOL opened at $27.84 on Thursday. abrdn Physical Gold Shares ETF has a 1-year low of $19.40 and a 1-year high of $28.17. The business has a 50-day moving average price of $26.34 and a two-hundred day moving average price of $25.47.

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.