abrdn Physical Gold Shares ETF $SGOL Shares Sold by Global View Capital Management LLC

Global View Capital Management LLC cut its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 82.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 85,421 shares of the company’s stock after selling 407,260 shares during the quarter. abrdn Physical Gold Shares ETF makes up about 0.7% of Global View Capital Management LLC’s investment portfolio, making the stock its 14th largest position. Global View Capital Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $3,509,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SGOL. Alpine Bank Wealth Management lifted its holdings in shares of abrdn Physical Gold Shares ETF by 100.0% in the third quarter. Alpine Bank Wealth Management now owns 28,000 shares of the company’s stock valued at $1,031,000 after purchasing an additional 14,000 shares in the last quarter. Inspire Advisors LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 23.3% during the 3rd quarter. Inspire Advisors LLC now owns 222,883 shares of the company’s stock worth $8,204,000 after purchasing an additional 42,124 shares in the last quarter. Client First Investment Management LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the 3rd quarter worth approximately $461,000. Almanack Investment Partners LLC. raised its position in shares of abrdn Physical Gold Shares ETF by 32.5% during the 3rd quarter. Almanack Investment Partners LLC. now owns 1,051,679 shares of the company’s stock worth $38,712,000 after purchasing an additional 257,924 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter valued at approximately $1,807,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $43.00 on Monday. The business’s fifty day moving average price is $47.25 and its two-hundred day moving average price is $42.18. abrdn Physical Gold Shares ETF has a one year low of $28.22 and a one year high of $52.84.

Trending Headlines about abrdn Physical Gold Shares ETF

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

• Positive Sentiment: Weak U.S. consumer sentiment and higher one‑year inflation expectations lifted spot gold above key levels, supporting physical‑gold demand. Spot gold shoots above $4,550/oz after final Consumer Sentiment falls to 53.3, one-year inflation expectations rise to 3.8%
• Positive Sentiment: Technical rebound after a test of the 200‑day moving average has attracted dip buyers, with analysts eyeing a push toward higher targets if momentum continues. Gold News: Gold Rally Builds After 200-Day Test—Are Buyers Targeting $4850.68?
• Positive Sentiment: Market commentary from bullion managers suggests a larger institutional buy‑in into gold is still forthcoming, which would support physical‑gold ETFs like SGOL over time. Gold’s big institutional buy-in still to come, silver will follow gold’s lead higher – Sprott’s McIntyre
• Positive Sentiment: Reports of easing Middle East tensions provided a near‑term boost to risk sentiment and helped lift gold in early trade. Gold Rises Amid Signs of Easing Middle East Tensions
• Neutral Sentiment: Intraday technical notes highlight corrective bounces and key entry levels — useful for traders but not decisive for trend direction. Gold market analysis for March 27 – key intra-day price entry levels for active traders
• Neutral Sentiment: Market commentary notes a search for a floor and momentum amid competing geopolitical and rate headlines — suggests continued volatility. Gold Price Analysis – Gold Continues to Look for Floor and Momentum
• Neutral Sentiment: Modest corrective gains have been recorded, indicating short‑term buying but not yet a confirmed sustained uptrend. Modest price gains in gold, silver on corrective bounces
• Negative Sentiment: Technical analysts are flagging growing bearish signals across multiple timeframes, which raises the risk of further downside if support levels fail. Gold (XAU/USD) Price Forecast: Bearish Signals Grow Across Timeframes
• Negative Sentiment: Analysts point to a “safe‑haven exit” as the dollar and rate‑sensitive dynamics have pressured gold recently, a headwind for SGOL if sustained. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Exit? Why Gold is Diving
• Negative Sentiment: Turkey’s recent sale of roughly 58.4 tonnes of gold increases physical supply flows, which can weigh on prices in the near term. Turkey taps its gold reserves, sells 58.4 tonnes of gold in two weeks

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.