Ritholtz Wealth Management Makes New $292,000 Investment in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Ritholtz Wealth Management bought a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,123 shares of the company’s stock, valued at approximately $292,000.

Several other hedge funds also recently modified their holdings of the stock. AdvisorNet Financial Inc lifted its stake in abrdn Physical Gold Shares ETF by 4.1% during the 1st quarter. AdvisorNet Financial Inc now owns 13,565 shares of the company’s stock valued at $288,000 after acquiring an additional 535 shares in the last quarter. Madden Advisory Services Inc. lifted its position in shares of abrdn Physical Gold Shares ETF by 4.3% during the fourth quarter. Madden Advisory Services Inc. now owns 22,756 shares of the company’s stock valued at $449,000 after purchasing an additional 930 shares in the last quarter. Brookstone Capital Management lifted its position in shares of abrdn Physical Gold Shares ETF by 0.7% during the first quarter. Brookstone Capital Management now owns 127,122 shares of the company’s stock valued at $2,700,000 after purchasing an additional 931 shares in the last quarter. Investment Partners Asset Management Inc. boosted its holdings in abrdn Physical Gold Shares ETF by 2.2% during the first quarter. Investment Partners Asset Management Inc. now owns 44,264 shares of the company’s stock worth $940,000 after purchasing an additional 947 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in abrdn Physical Gold Shares ETF by 1.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 64,863 shares of the company’s stock worth $1,280,000 after purchasing an additional 996 shares in the last quarter.

abrdn Physical Gold Shares ETF Price Performance

abrdn Physical Gold Shares ETF stock opened at $24.02 on Friday. abrdn Physical Gold Shares ETF has a 52 week low of $17.35 and a 52 week high of $24.18. The company’s 50 day moving average price is $23.26 and its two-hundred day moving average price is $22.24.

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.