Pegasus Asset Management Inc. bought a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 14,938 shares of the company’s stock, valued at approximately $614,000.
Other large investors have also recently made changes to their positions in the company. Alpine Bank Wealth Management grew its position in abrdn Physical Gold Shares ETF by 100.0% during the third quarter. Alpine Bank Wealth Management now owns 28,000 shares of the company’s stock valued at $1,031,000 after acquiring an additional 14,000 shares during the period. Inspire Advisors LLC raised its holdings in shares of abrdn Physical Gold Shares ETF by 23.3% in the 3rd quarter. Inspire Advisors LLC now owns 222,883 shares of the company’s stock worth $8,204,000 after purchasing an additional 42,124 shares during the period. Arta Finance Wealth Management LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the 4th quarter worth about $1,363,000. Capital Advisory Group Advisory Services LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 51.1% in the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 142,555 shares of the company’s stock valued at $5,856,000 after purchasing an additional 48,195 shares in the last quarter. Finally, Almanack Investment Partners LLC. lifted its stake in shares of abrdn Physical Gold Shares ETF by 32.5% in the 3rd quarter. Almanack Investment Partners LLC. now owns 1,051,679 shares of the company’s stock valued at $38,712,000 after purchasing an additional 257,924 shares in the last quarter.
Key Headlines Impacting abrdn Physical Gold Shares ETF
Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:
- Positive Sentiment: Technical support holding near the 0.382 Fibonacci ($4,532 on XAU) keeps a bullish scenario alive, with analysts pointing to an upside target near $4,800 if that level holds. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Periods of USD weakness and bargain buying have supported rallies in gold and silver, providing intermittent inflows into physical‑backed ETFs like SGOL. Gold, silver rally on slumping USDX
- Positive Sentiment: Macro datapoints that briefly pushed yields lower (weak GDP prints, lower nominal yields) triggered dip‑buying in gold — a tailwind for SGOL during risk‑off or lower‑yield episodes. Gold News: Gold Price Rebounds
- Positive Sentiment: Ongoing central‑bank purchases of gold and structural supply dynamics in silver support a longer‑term bullish case for physical metal exposure, underpinning demand for SGOL. Gold & Silver Structural Bull Case
- Neutral Sentiment: Geopolitical developments in the Middle East are keeping gold “steady” as a safe haven, but stalled diplomacy and unclear near‑term escalation risks create mixed implications for sustained demand. Gold Steady But Stagnation of Diplomacy Weighs
- Negative Sentiment: Rising oil prices are driving inflation concerns and pushing investors to expect delayed Fed rate cuts — that higher‑for‑longer rate outlook lifts yields and the dollar, pressuring gold and SGOL. Oil Shock Keeps Metals Under Pressure
- Negative Sentiment: Multiple technical analyses point to bearish setups (wedge breakdowns, downside momentum toward key support zones), suggesting further near‑term downside risk for gold prices and ETF flows. Gold Rebound Faces Bearish Setup
- Negative Sentiment: Fed communications (higher‑for‑longer tone) and a stronger dollar have been cited directly as headwinds for the gold market, which tends to underperform when real and nominal yields rise. Gold Market Pressured by Fed Stance
abrdn Physical Gold Shares ETF Price Performance
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.
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