abrdn Physical Gold Shares ETF $SGOL Shares Sold by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc trimmed its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 44.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,463 shares of the company’s stock after selling 12,543 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in abrdn Physical Gold Shares ETF were worth $573,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SGOL. Crewe Advisors LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter worth $27,000. Ameritas Advisory Services LLC acquired a new position in abrdn Physical Gold Shares ETF during the second quarter worth about $28,000. BNP Paribas purchased a new stake in abrdn Physical Gold Shares ETF during the 2nd quarter valued at about $39,000. UMB Bank n.a. acquired a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter valued at about $41,000. Finally, Tableaux LLC purchased a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $53,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of abrdn Physical Gold Shares ETF stock opened at $41.38 on Thursday. The stock’s 50 day simple moving average is $39.40 and its 200-day simple moving average is $35.27. abrdn Physical Gold Shares ETF has a 1-year low of $24.69 and a 1-year high of $41.77.

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.