MONECO Advisors LLC Buys Shares of 112,206 abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

MONECO Advisors LLC purchased a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 112,206 shares of the company’s stock, valued at approximately $2,215,000. MONECO Advisors LLC owned 0.08% of abrdn Physical Gold Shares ETF at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. ETF Store Inc. grew its holdings in shares of abrdn Physical Gold Shares ETF by 1.7% during the 3rd quarter. ETF Store Inc. now owns 51,899 shares of the company’s stock valued at $968,000 after purchasing an additional 849 shares during the last quarter. Raymond James & Associates increased its holdings in shares of abrdn Physical Gold Shares ETF by 1.6% during the fourth quarter. Raymond James & Associates now owns 67,603 shares of the company’s stock worth $1,334,000 after buying an additional 1,052 shares in the last quarter. Beaumont Financial Advisors LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 7.3% in the 4th quarter. Beaumont Financial Advisors LLC now owns 16,125 shares of the company’s stock valued at $318,000 after acquiring an additional 1,100 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its holdings in shares of abrdn Physical Gold Shares ETF by 4.0% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 31,637 shares of the company’s stock valued at $625,000 after acquiring an additional 1,225 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in abrdn Physical Gold Shares ETF by 4.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 31,811 shares of the company’s stock worth $628,000 after purchasing an additional 1,405 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL stock traded down $0.43 during mid-day trading on Tuesday, reaching $21.89. 4,744,327 shares of the stock traded hands, compared to its average volume of 3,364,934. The stock’s fifty day simple moving average is $21.18 and its two-hundred day simple moving average is $19.92. abrdn Physical Gold Shares ETF has a 1-year low of $17.35 and a 1-year high of $23.24.

abrdn Physical Gold Shares ETF Company 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.