abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,298,524 shares of the company’s stock after purchasing an additional 38,433 shares during the period. Envestnet Asset Management Inc. owned approximately 0.93% of abrdn Physical Gold Shares ETF worth $28,853,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SGOL. Pinkerton Retirement Specialists LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 2.1% during the second quarter. Pinkerton Retirement Specialists LLC now owns 291,204 shares of the company’s stock worth $6,471,000 after purchasing an additional 5,940 shares during the last quarter. Choreo LLC bought a new position in abrdn Physical Gold Shares ETF in the second quarter worth about $423,000. Ashton Thomas Private Wealth LLC bought a new position in abrdn Physical Gold Shares ETF in the second quarter worth about $184,000. Foundations Investment Advisors LLC lifted its holdings in abrdn Physical Gold Shares ETF by 31.9% in the second quarter. Foundations Investment Advisors LLC now owns 47,222 shares of the company’s stock worth $1,049,000 after acquiring an additional 11,433 shares during the last quarter. Finally, Pacific Financial Group Inc. acquired a new stake in shares of abrdn Physical Gold Shares ETF in the second quarter valued at approximately $1,379,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $25.03 on Friday. The firm’s 50 day moving average is $23.65 and its two-hundred day moving average is $22.62. abrdn Physical Gold Shares ETF has a 52 week low of $17.35 and a 52 week high of $25.08.

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.