Iron Gate Global Advisors LLC Buys New Stake in abrdn Physical Gold Shares ETF $SGOL

Iron Gate Global Advisors LLC bought a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,328 shares of the company’s stock, valued at approximately $219,000.

Other large investors have also recently bought and sold shares of the company. Main Street Group LTD acquired a new position in abrdn Physical Gold Shares ETF in the fourth quarter valued at $30,000. Costello Asset Management INC acquired a new position in abrdn Physical Gold Shares ETF in the first quarter valued at $75,000. Transcend Capital Advisors LLC acquired a new position in abrdn Physical Gold Shares ETF in the first quarter valued at $201,000. M&T Bank Corp acquired a new position in abrdn Physical Gold Shares ETF in the first quarter valued at $206,000. Finally, Patron Partners LLC acquired a new position in abrdn Physical Gold Shares ETF in the first quarter valued at $208,000.

abrdn Physical Gold Shares ETF Stock Performance

NYSEARCA SGOL opened at $34.73 on Thursday. abrdn Physical Gold Shares ETF has a 1 year low of $23.89 and a 1 year high of $35.03. The company has a fifty day moving average of $32.33 and a two-hundred day moving average of $31.13.

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.