Client First Investment Management LLC Takes $461,000 Position in abrdn Physical Gold Shares ETF $SGOL

Client First Investment Management LLC bought a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 12,534 shares of the company’s stock, valued at approximately $461,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Crewe Advisors LLC bought a new position in abrdn Physical Gold Shares ETF during the 2nd quarter valued at $27,000. Ameritas Advisory Services LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the second quarter valued at $28,000. Sound Income Strategies LLC bought a new position in abrdn Physical Gold Shares ETF during the third quarter valued at about $34,000. BNP Paribas acquired a new position in abrdn Physical Gold Shares ETF during the second quarter worth about $39,000. Finally, UMB Bank n.a. bought a new stake in abrdn Physical Gold Shares ETF in the second quarter worth about $41,000.

abrdn Physical Gold Shares ETF News Roundup

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

• Positive Sentiment: Rising geopolitical tensions are lifting safe-haven demand and helped push spot gold above $4,500/oz, a powerful catalyst for physically backed gold ETFs like SGOL. Gold Climbs Above $4,500/oz for First Time Amid Rising Geopolitical Tensions
• Positive Sentiment: Technical momentum and bullish price forecasts are reinforcing flows into gold; recent commentary expects further extensions above the new records, supporting continued ETF demand. Gold (XAU/USD) Price Forecast: New Record $4,498 – $4,552 Extension Next
• Positive Sentiment: Large bilateral and sovereign-level bullion purchases (e.g., China buying Russian bullion) are tightening physical market dynamics and underpinning higher gold prices — a direct tailwind for SGOL’s NAV. Largest bilateral gold trade in history? China buys nearly $1 billion in bullion from Russia in November alone
• Positive Sentiment: Analyst forecasts from major banks projecting materially higher gold over 12‑18 months (e.g., multi‑thousand-dollar targets) support investor allocation into physical-gold ETFs. JP Morgan sees gold at $5,055 by Q4 2026
• Neutral Sentiment: Macro data is mixed — weak durable-goods and a downbeat consumer-confidence print contributed to intraday swings; softer growth can be bullish for gold (lower real rates) but introduces macro-driven volatility. Spot gold slides to session low after U.S. Consumer Confidence falls to 89.1 in December
• Neutral Sentiment: SGOL is trading with volume above its average and sits near its 52‑week high; that can amplify moves in both directions as traders rebalance into year‑end.
• Negative Sentiment: After sharp rallies, short-term profit‑taking and intraday pullbacks are possible — earlier session retracements show susceptibility to headline-driven swings. Gold firmer, silver sharply up; both hit new record highs

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA SGOL opened at $42.85 on Wednesday. abrdn Physical Gold Shares ETF has a twelve month low of $24.78 and a twelve month high of $42.87. The firm has a 50-day moving average of $39.66 and a two-hundred day moving average of $35.57.

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.