Scotia Capital Inc. Has $732,000 Stock Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Scotia Capital Inc. reduced its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,235 shares of the company’s stock after selling 1,825 shares during the quarter. Scotia Capital Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $732,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SGOL. Centerpoint Advisors LLC bought a new position in abrdn Physical Gold Shares ETF during the 4th quarter worth approximately $81,000. FMR LLC raised 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 buying an additional 652 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in abrdn Physical Gold Shares ETF by 239.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock valued at $158,000 after buying an additional 4,461 shares during the period. Congress Wealth Management LLC DE bought a new stake in abrdn Physical Gold Shares ETF during the fourth quarter valued at $204,000. Finally, Wealthfront Advisers LLC acquired a new stake in abrdn Physical Gold Shares ETF during the 4th quarter worth about $207,000.

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA:SGOL opened at $30.65 on Tuesday. abrdn Physical Gold Shares ETF has a 1 year low of $21.76 and a 1 year high of $30.97. The business’s 50-day moving average is $28.48 and its 200-day moving average is $26.58.

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.