International Assets Investment Management LLC Invests $725,000 in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

International Assets Investment Management LLC purchased a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 28,849 shares of the company’s stock, valued at approximately $725,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SGOL. BNP Paribas Financial Markets grew its position in abrdn Physical Gold Shares ETF by 25.3% during the first quarter. BNP Paribas Financial Markets now owns 9,818 shares of the company’s stock worth $209,000 after buying an additional 1,985 shares during the period. Rehmann Capital Advisory Group acquired a new position in abrdn Physical Gold Shares ETF during the first quarter worth about $208,000. Avidian Wealth Solutions LLC grew its position in abrdn Physical Gold Shares ETF by 8.0% during the first quarter. Avidian Wealth Solutions LLC now owns 23,700 shares of the company’s stock worth $503,000 after buying an additional 1,750 shares during the period. Anson Capital Inc. grew its position in abrdn Physical Gold Shares ETF by 21.1% during the first quarter. Anson Capital Inc. now owns 93,203 shares of the company’s stock worth $1,980,000 after buying an additional 16,211 shares during the period. Finally, Inspire Advisors LLC grew its position in abrdn Physical Gold Shares ETF by 115.7% during the first quarter. Inspire Advisors LLC now owns 328,760 shares of the company’s stock worth $6,983,000 after buying an additional 176,354 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $26.19 on Wednesday. The firm’s 50-day moving average is $25.10 and its two-hundred day moving average is $23.55. abrdn Physical Gold Shares ETF has a twelve month low of $18.48 and a twelve month high of $26.65.

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.