119,652 Shares in abrdn Physical Gold Shares ETF $SGOL Acquired by Clear Retirement Advice LLC

Clear Retirement Advice LLC acquired a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 119,652 shares of the company’s stock, valued at approximately $4,915,000. abrdn Physical Gold Shares ETF makes up 3.9% of Clear Retirement Advice LLC’s holdings, making the stock its 9th biggest holding. Clear Retirement Advice LLC owned approximately 0.07% of abrdn Physical Gold Shares ETF as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Northeast Financial Group Inc. increased its stake in shares of abrdn Physical Gold Shares ETF by 3.3% in the 3rd quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock valued at $335,000 after buying an additional 290 shares during the period. Berkeley Capital Partners LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 2.6% during the third quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock valued at $456,000 after acquiring an additional 314 shares during the period. Barnes Wealth Management Group Inc boosted its holdings in abrdn Physical Gold Shares ETF by 4.1% in the third quarter. Barnes Wealth Management Group Inc now owns 9,876 shares of the company’s stock valued at $364,000 after acquiring an additional 390 shares during the last quarter. Centurion Wealth Management LLC boosted its holdings in 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 last quarter. Finally, Evelyn Partners Investment Management LLP boosted its holdings in abrdn Physical Gold Shares ETF by 5.4% in the fourth quarter. Evelyn Partners Investment Management LLP now owns 10,540 shares of the company’s stock valued at $433,000 after acquiring an additional 540 shares during the last quarter.

Key Stories Impacting abrdn Physical Gold Shares ETF

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

• Positive Sentiment: Central banks are expected to keep increasing gold reserves and domestic bullion storage, reinforcing long-term demand for gold. Central banks are bringing gold reserves home as geopolitical risks rise
• Positive Sentiment: Gold found support from geopolitical uncertainty and earlier safe-haven buying tied to Middle East tensions, helping limit downside at times. Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs FOMC Decision — Can Gold Hold Support or Silver Extend?
• Neutral Sentiment: Recent commentary suggests the medium-term case for gold remains constructive, with some analysts saying risks are tilted upward from here. Balance of Risks for Gold Tilt Upward From Here
• Neutral Sentiment: Some reports note gold is still trading near major technical support levels, so the next move may depend on whether buyers defend those areas. Gold (XAU/USD) Price Forecast: Can Bulls Defend Fibonacci Support?
• Negative Sentiment: The Fed’s hawkish stance and talk of a possible future rate hike have triggered renewed selling in gold, weighing on SGOL. Wall Street bears back in control after the Fed’s hawkish outlook, Main Street leans bullish despite gold’s backslide to $4,200/oz
• Negative Sentiment: Gold has been retreating after failing to hold recent rebounds, with the dollar strengthening and technical resistance capping gains. Gold Price Analysis – Gold Markets Drop Heading to a Holiday Session
• Negative Sentiment: Several market notes warn that gold could fall back toward $4,000 if hawkish Fed expectations persist, which would likely pressure the ETF further. Hawkish Fed could push gold prices back to $4,000 next week

abrdn Physical Gold Shares ETF Trading Down 0.4%

Shares of SGOL stock opened at $40.16 on Friday. abrdn Physical Gold Shares ETF has a 12 month low of $31.05 and a 12 month high of $52.84. The stock has a 50-day moving average price of $43.41 and a 200 day moving average price of $44.41.

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.