Private Advisor Group LLC Buys 31,456 Shares of abrdn Physical Gold Shares ETF $SGOL

Private Advisor Group LLC grew its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 102.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 62,185 shares of the company’s stock after purchasing an additional 31,456 shares during the quarter. Private Advisor Group LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,775,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Independent Wealth Network Inc. raised its holdings in abrdn Physical Gold Shares ETF by 3.0% during the 1st quarter. Independent Wealth Network Inc. now owns 7,678 shares of the company’s stock valued at $343,000 after buying an additional 221 shares during the last quarter. Xcel Wealth Management LLC grew its holdings in abrdn Physical Gold Shares ETF by 0.6% in the 1st quarter. Xcel Wealth Management LLC now owns 55,835 shares of the company’s stock worth $2,491,000 after acquiring an additional 306 shares during the last quarter. Barnes Wealth Management Group Inc grew its holdings in abrdn Physical Gold Shares ETF by 4.1% in the 3rd quarter. Barnes Wealth Management Group Inc now owns 9,876 shares of the company’s stock worth $364,000 after acquiring an additional 390 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of abrdn Physical Gold Shares ETF by 97.9% in the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock valued at $38,000 after acquiring an additional 411 shares during the period. Finally, Centurion Wealth Management LLC increased its position in shares of abrdn Physical Gold Shares ETF by 0.5% in the fourth quarter. Centurion Wealth Management LLC now owns 94,806 shares of the company’s stock valued at $3,895,000 after acquiring an additional 500 shares during the period.

abrdn Physical Gold Shares ETF Stock Up 1.0%

Shares of NYSEARCA:SGOL opened at $39.23 on Friday. The company has a 50-day moving average price of $41.54 and a 200-day moving average price of $44.24. abrdn Physical Gold Shares ETF has a 12 month low of $31.16 and a 12 month high of $52.84.

More abrdn Physical Gold Shares ETF News

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Spot gold moved back above $4,100/oz after stronger-than-expected labor market data, while geopolitical uncertainty continued to support safe-haven buying for gold-backed funds like SGOL. Spot gold trades above $4,100/oz as U.S. weekly jobless claims hold at 215k
• Positive Sentiment: Gold and silver technicals improved after gold broke above a key pattern near $4,075, suggesting momentum may be turning more favorable if resistance levels are reclaimed. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Symmetrical Triangle at $4,075 as Silver Holds $58.27 – Next Move?
• Neutral Sentiment: Gold remains range-bound in the near term as traders watch Federal Reserve policy signals, Treasury yields, and upcoming inflation data for direction. Gold (XAUUSD) Price Forecast: Can Gold Hold Support Ahead of U.S. Inflation Data?
• Negative Sentiment: Some traders remain cautious because hawkish Fed expectations, higher Treasury yields, and technical warnings such as a potential “death cross” could pressure gold prices and weigh on SGOL. Gold Price Analysis – Gold Consolidates as Looming Death Cross Signals Risk

abrdn Physical Gold Shares ETF Company 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.