Towneley Capital Management Inc DE lowered its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 5.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 741,013 shares of the company’s stock after selling 40,359 shares during the period. abrdn Physical Gold Shares ETF makes up 4.2% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 9th largest holding. Towneley Capital Management Inc DE owned about 0.53% of abrdn Physical Gold Shares ETF worth $18,622,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. bought a new stake in abrdn Physical Gold Shares ETF during the second quarter worth about $26,000. Center for Financial Planning Inc. bought a new stake in abrdn Physical Gold Shares ETF during the second quarter worth about $47,000. GPS Wealth Strategies Group LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth approximately $152,000. Ashton Thomas Private Wealth LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth approximately $184,000. Finally, Curtis Advisory Group LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the first quarter worth approximately $206,000.
abrdn Physical Gold Shares ETF Trading Down 0.8 %
Shares of NYSEARCA SGOL opened at $25.04 on Wednesday. The firm’s 50 day moving average price is $24.20 and its 200-day moving average price is $23.02. abrdn Physical Gold Shares ETF has a 52-week low of $17.65 and a 52-week high of $25.57.
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.
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