Greenline Partners LLC Takes Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Greenline Partners LLC purchased a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 9,500 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds also recently made changes to their positions in the stock. WCG Wealth Advisors LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the second quarter valued at $1,885,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of abrdn Physical Gold Shares ETF in the second quarter valued at $342,000. Envestnet Asset Management Inc. grew its position in shares of abrdn Physical Gold Shares ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 1,298,524 shares of the company’s stock valued at $28,853,000 after purchasing an additional 38,433 shares in the last quarter. Pinkerton Retirement Specialists LLC grew its position in shares of abrdn Physical Gold Shares ETF by 2.1% in the second quarter. Pinkerton Retirement Specialists LLC now owns 291,204 shares of the company’s stock valued at $6,471,000 after purchasing an additional 5,940 shares in the last quarter. Finally, Choreo LLC purchased a new position in abrdn Physical Gold Shares ETF during the second quarter worth about $423,000.

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock opened at $25.03 on Friday. abrdn Physical Gold Shares ETF has a 52 week low of $17.35 and a 52 week high of $25.08. The business has a 50-day simple moving average of $23.65 and a 200 day simple moving average of $22.62.

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.