Avestar Capital LLC Invests $2.75 Million in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Avestar Capital LLC bought a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 109,855 shares of the company’s stock, valued at approximately $2,752,000.

Several other hedge funds have also bought and sold shares of SGOL. Mutual Advisors LLC raised its position in shares of abrdn Physical Gold Shares ETF by 0.9% during the 4th quarter. Mutual Advisors LLC now owns 62,389 shares of the company’s stock valued at $1,617,000 after buying an additional 554 shares in the last quarter. True North Advisors LLC increased its stake in abrdn Physical Gold Shares ETF by 0.6% in the fourth quarter. True North Advisors LLC now owns 91,932 shares of the company’s stock valued at $2,303,000 after acquiring an additional 575 shares during the last quarter. Beaumont Financial Advisors LLC raised its position in abrdn Physical Gold Shares ETF by 3.7% during the fourth quarter. Beaumont Financial Advisors LLC now owns 17,025 shares of the company’s stock valued at $426,000 after purchasing an additional 600 shares in the last quarter. FMR LLC lifted its stake in abrdn Physical Gold Shares ETF by 18.1% during the third quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after purchasing an additional 652 shares during the last quarter. Finally, Sigma Planning Corp lifted its stake in abrdn Physical Gold Shares ETF by 3.1% during the third quarter. Sigma Planning Corp now owns 21,996 shares of the company’s stock worth $553,000 after purchasing an additional 669 shares during the last quarter.

abrdn Physical Gold Shares ETF Trading Up 0.1 %

Shares of abrdn Physical Gold Shares ETF stock opened at $27.69 on Thursday. abrdn Physical Gold Shares ETF has a 12 month low of $18.97 and a 12 month high of $27.79. The business’s 50-day moving average price is $25.83 and its 200-day moving average price is $25.13.

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.