Swan Global Investments LLC Sells 17,126 Shares of abrdn Physical Gold Shares ETF $SGOL

Swan Global Investments LLC lowered its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 48.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,912 shares of the company’s stock after selling 17,126 shares during the quarter. Swan Global Investments LLC’s holdings in abrdn Physical Gold Shares ETF were worth $736,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Metis Global Partners LLC increased its stake in abrdn Physical Gold Shares ETF by 26.7% in the third quarter. Metis Global Partners LLC now owns 6,808,591 shares of the company’s stock valued at $250,624,000 after acquiring an additional 1,434,787 shares during the period. JPMorgan Chase & Co. increased its stake in abrdn Physical Gold Shares ETF by 5.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,367,518 shares of the company’s stock valued at $179,418,000 after acquiring an additional 238,704 shares during the period. Bank of America Corp DE grew its stake in abrdn Physical Gold Shares ETF by 2.6% during the third quarter. Bank of America Corp DE now owns 3,743,548 shares of the company’s stock worth $137,800,000 after buying an additional 96,381 shares during the last quarter. LPL Financial LLC grew its stake in abrdn Physical Gold Shares ETF by 17.1% during the fourth quarter. LPL Financial LLC now owns 2,059,659 shares of the company’s stock worth $84,611,000 after buying an additional 300,746 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in abrdn Physical Gold Shares ETF by 0.8% during the third quarter. HighTower Advisors LLC now owns 1,865,275 shares of the company’s stock worth $68,661,000 after buying an additional 15,245 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Up 0.2%

Shares of abrdn Physical Gold Shares ETF stock opened at $41.21 on Tuesday. abrdn Physical Gold Shares ETF has a 1-year low of $31.05 and a 1-year high of $52.84. The firm’s 50-day moving average price is $44.05 and its two-hundred day moving average price is $44.35.

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.