Cypress Capital LLC cut its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 18.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 260,344 shares of the company’s stock after selling 58,782 shares during the quarter. abrdn Physical Gold Shares ETF comprises 3.3% of Cypress Capital LLC’s investment portfolio, making the stock its 7th biggest position. Cypress Capital LLC’s holdings in abrdn Physical Gold Shares ETF were worth $11,617,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of SGOL. Smartleaf Asset Management LLC bought a new position in abrdn Physical Gold Shares ETF in the 4th quarter valued at $27,000. Sound Income Strategies LLC increased its holdings in shares of abrdn Physical Gold Shares ETF by 97.9% in the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock worth $38,000 after purchasing an additional 411 shares during the period. BNP Paribas bought a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth $39,000. Eastern Bank purchased a new stake in shares of abrdn Physical Gold Shares ETF in the fourth quarter worth $47,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in shares of abrdn Physical Gold Shares ETF in the fourth quarter worth $51,000.
abrdn Physical Gold Shares ETF Price Performance
NYSEARCA:SGOL opened at $39.65 on Tuesday. abrdn Physical Gold Shares ETF has a 52-week low of $31.16 and a 52-week high of $52.84. The stock has a fifty day moving average of $41.86 and a 200 day moving average of $44.28.
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.
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