abrdn Physical Gold Shares ETF $SGOL Stock Holdings Increased by 180 Wealth Advisors LLC

180 Wealth Advisors LLC boosted its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 4.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 316,420 shares of the company’s stock after purchasing an additional 14,413 shares during the quarter. abrdn Physical Gold Shares ETF makes up 1.6% of 180 Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. 180 Wealth Advisors LLC owned approximately 0.18% of abrdn Physical Gold Shares ETF worth $14,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 1st quarter worth $1,646,000. Sachetta LLC increased its holdings in shares of abrdn Physical Gold Shares ETF by 8.2% in the 1st quarter. Sachetta LLC now owns 3,165 shares of the company’s stock valued at $141,000 after acquiring an additional 240 shares during the last quarter. Independence Bank of Kentucky acquired a new stake in shares of abrdn Physical Gold Shares ETF during the 1st quarter worth about $578,000. Kestra Advisory Services LLC lifted its stake in abrdn Physical Gold Shares ETF by 28.2% during the first quarter. Kestra Advisory Services LLC now owns 692,666 shares of the company’s stock worth $30,907,000 after purchasing an additional 152,348 shares during the last quarter. Finally, Burney Co. purchased a new position in abrdn Physical Gold Shares ETF in the first quarter valued at approximately $257,000.

abrdn Physical Gold Shares ETF Stock Down 0.3%

NYSEARCA:SGOL traded down $0.11 during trading hours on Friday, reaching $39.12. 1,477,962 shares of the company’s stock were exchanged, compared to its average volume of 5,134,437. abrdn Physical Gold Shares ETF has a 1-year low of $31.16 and a 1-year high of $52.84. The company has a 50-day moving average of $41.46 and a 200 day moving average of $44.20.

Trending Headlines about abrdn Physical Gold Shares ETF

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

• Positive Sentiment: Central banks, including Poland’s, are reportedly buying the dip, reinforcing demand and suggesting institutional support for gold remains firm. Poland’s central bank is buying the dip as gold’s biggest buyers aren’t backing down
• Positive Sentiment: Gold has held key technical support and remains above important psychological levels, which could help SGOL stabilize if buyers step back in. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
• Neutral Sentiment: Gold and silver remain focused on technical levels, with central bank net purchases helping offset recent volatility. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Symmetrical Triangle at $4,115 as Silver Holds $60.20 – Next Move?
• Neutral Sentiment: Gold’s near-term outlook remains tied to whether it can reclaim resistance after a correction, making the ETF sensitive to short-term trading flows. Gold (XAU/USD) Price Forecast: Bullish Reversal Tests Key Resistance Levels
• Negative Sentiment: Rising Treasury yields and a stronger dollar have been a recurring headwind, weighing on gold prices and pressuring SGOL. Gold Defends $4,000 Level as Strong Dollar Caps Gains
• Negative Sentiment: Recent forecasts warn that gold’s rally may be limited by headwinds, including softer price expectations from major banks. Gold’s Rally Likely Limited by Headwinds

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.