abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 123.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,110 shares of the company’s stock after purchasing an additional 11,128 shares during the period. Thrivent Financial for Lutherans’ holdings in abrdn Physical Gold Shares ETF were worth $506,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Metis Global Partners LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 34.6% in the third quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock valued at $117,050,000 after purchasing an additional 1,197,086 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of abrdn Physical Gold Shares ETF by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,298,524 shares of the company’s stock worth $28,853,000 after buying an additional 38,433 shares during the last quarter. Pure Portfolios Holdings LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 3rd quarter worth approximately $25,415,000. Empowered Funds LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 213.9% during the 3rd quarter. Empowered Funds LLC now owns 633,273 shares of the company’s stock worth $15,914,000 after buying an additional 431,540 shares during the last quarter. Finally, Ameliora Wealth Management Ltd. lifted its position in shares of abrdn Physical Gold Shares ETF by 22.7% during the 3rd quarter. Ameliora Wealth Management Ltd. now owns 607,494 shares of the company’s stock worth $15,266,000 after buying an additional 112,222 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $25.12 on Friday. The firm has a 50 day simple moving average of $25.47 and a 200-day simple moving average of $23.99. abrdn Physical Gold Shares ETF has a twelve month low of $18.90 and a twelve month high of $26.65.

abrdn Physical Gold Shares ETF 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.