Foundations Investment Advisors LLC Grows Stock Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Foundations Investment Advisors LLC raised its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 24.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 58,823 shares of the company’s stock after buying an additional 11,601 shares during the quarter. Foundations Investment Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $1,478,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of abrdn Physical Gold Shares ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 1,298,524 shares of the company’s stock valued at $28,853,000 after buying an additional 38,433 shares during the last quarter. Pure Portfolios Holdings LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter valued at approximately $25,415,000. Ethos Financial Group LLC raised its position in shares of abrdn Physical Gold Shares ETF by 1.8% in the 1st quarter. Ethos Financial Group LLC now owns 710,560 shares of the company’s stock valued at $15,092,000 after purchasing an additional 12,682 shares during the last quarter. Almanack Investment Partners LLC. raised its position in shares of abrdn Physical Gold Shares ETF by 24.1% in the 1st quarter. Almanack Investment Partners LLC. now owns 710,017 shares of the company’s stock valued at $15,081,000 after purchasing an additional 137,955 shares during the last quarter. Finally, Mountain Lake Investment Management LLC raised its position in shares of abrdn Physical Gold Shares ETF by 0.3% in the 1st quarter. Mountain Lake Investment Management LLC now owns 625,000 shares of the company’s stock valued at $13,275,000 after purchasing an additional 2,000 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Down 1.2 %

Shares of abrdn Physical Gold Shares ETF stock opened at $25.94 on Thursday. The company has a 50 day moving average price of $24.72 and a 200 day moving average price of $23.33. abrdn Physical Gold Shares ETF has a 52 week low of $18.48 and a 52 week high of $26.25.

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.