GM Advisory Group LLC Sells 2,250 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

GM Advisory Group LLC trimmed its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 9.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,816 shares of the company’s stock after selling 2,250 shares during the period. GM Advisory Group LLC’s holdings in abrdn Physical Gold Shares ETF were worth $463,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SGOL. Global Assets Advisory LLC raised its position in shares of abrdn Physical Gold Shares ETF by 1,462.1% during the 1st quarter. Global Assets Advisory LLC now owns 797,211 shares of the company’s stock valued at $16,933,000 after buying an additional 746,178 shares in the last quarter. Advisors Management Group Inc. ADV purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 1st quarter valued at $10,504,000. Cetera Investment Advisers raised its position in shares of abrdn Physical Gold Shares ETF by 293.6% during the 1st quarter. Cetera Investment Advisers now owns 388,069 shares of the company’s stock valued at $8,243,000 after buying an additional 289,465 shares in the last quarter. Focus Financial Network Inc. ADV purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter valued at $5,525,000. Finally, Inspire Advisors LLC raised its position in shares of abrdn Physical Gold Shares ETF by 115.7% during the 1st quarter. Inspire Advisors LLC now owns 328,760 shares of the company’s stock valued at $6,983,000 after buying an additional 176,354 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock opened at $24.71 on Friday. The firm’s fifty day moving average price is $23.58 and its 200-day moving average price is $22.56. abrdn Physical Gold Shares ETF has a fifty-two week low of $17.35 and a fifty-two week high of $24.83.

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.