Swan Global Investments LLC Takes Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Swan Global Investments LLC purchased a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 20,487 shares of the company’s stock, valued at approximately $513,000.

A number of other institutional investors also recently modified their holdings of the company. Virtu Financial LLC bought a new stake in shares of abrdn Physical Gold Shares ETF in the fourth quarter valued at about $6,050,000. Harbour Investments Inc. lifted its holdings in shares of abrdn Physical Gold Shares ETF by 49.9% in the fourth quarter. Harbour Investments Inc. now owns 175,943 shares of the company’s stock valued at $4,407,000 after purchasing an additional 58,587 shares in the last quarter. Corient Private Wealth LLC raised its holdings in abrdn Physical Gold Shares ETF by 5.2% during the fourth quarter. Corient Private Wealth LLC now owns 14,710 shares of the company’s stock worth $368,000 after acquiring an additional 722 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in abrdn Physical Gold Shares ETF by 20.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 55,537 shares of the company’s stock worth $1,391,000 after acquiring an additional 9,307 shares in the last quarter. Finally, Choate Investment Advisors bought a new stake in abrdn Physical Gold Shares ETF during the fourth quarter worth about $6,700,000.

abrdn Physical Gold Shares ETF Trading Down 0.8 %

SGOL opened at $28.81 on Friday. abrdn Physical Gold Shares ETF has a 52-week low of $20.62 and a 52-week high of $29.13. The business’s 50-day simple moving average is $27.36 and its 200 day simple moving average is $25.98.

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.