Go Invest LLC Buys 135,974 Shares of abrdn Physical Gold Shares ETF $SGOL

Go Invest LLC purchased a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the third quarter, Holdings Channel reports. The fund purchased 135,974 shares of the company’s stock, valued at approximately $5,379,000. abrdn Physical Gold Shares ETF comprises 1.1% of Go Invest LLC’s holdings, making the stock its 9th largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of SGOL. Sound Income Strategies LLC increased its holdings in shares of abrdn Physical Gold Shares ETF by 97.9% during the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock valued at $38,000 after purchasing an additional 411 shares during the period. NBT Bank N A NY lifted its holdings in abrdn Physical Gold Shares ETF by 4,290.2% in the first quarter. NBT Bank N A NY now owns 1,800 shares of the company’s stock worth $80,000 after purchasing an additional 1,759 shares during the period. McIlrath & Eck LLC bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter valued at about $87,000. Capital Advisors Ltd. LLC bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter valued at about $91,000. Finally, Main Street Group LTD acquired a new position in abrdn Physical Gold Shares ETF during the 1st quarter valued at about $105,000.

abrdn Physical Gold Shares ETF Stock Performance

SGOL stock opened at $39.31 on Friday. abrdn Physical Gold Shares ETF has a 52 week low of $37.31 and a 52 week high of $52.84. The firm’s 50-day moving average is $41.26 and its two-hundred day moving average is $41.69.

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.