Snowden Capital Advisors LLC Raises Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Snowden Capital Advisors LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 33.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,933 shares of the company’s stock after buying an additional 3,526 shares during the period. Snowden Capital Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $349,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Metis Global Partners LLC raised its stake in shares of abrdn Physical Gold Shares ETF by 1.4% during the 4th quarter. Metis Global Partners LLC now owns 4,723,094 shares of the company’s stock worth $118,314,000 after buying an additional 65,295 shares in the last quarter. Bank of America Corp DE raised its stake in shares of abrdn Physical Gold Shares ETF by 3.2% during the 4th quarter. Bank of America Corp DE now owns 3,442,497 shares of the company’s stock worth $86,235,000 after buying an additional 107,640 shares in the last quarter. Proficio Capital Partners LLC raised its stake in shares of abrdn Physical Gold Shares ETF by 2,405.0% during the 4th quarter. Proficio Capital Partners LLC now owns 3,016,596 shares of the company’s stock worth $75,566,000 after buying an additional 2,896,173 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of abrdn Physical Gold Shares ETF by 25.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,746,627 shares of the company’s stock worth $68,803,000 after buying an additional 557,840 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of abrdn Physical Gold Shares ETF by 51.2% during the 4th quarter. LPL Financial LLC now owns 1,368,033 shares of the company’s stock worth $34,269,000 after buying an additional 463,144 shares in the last quarter.

abrdn Physical Gold Shares ETF Price Performance

Shares of SGOL stock opened at $31.38 on Friday. The stock has a 50 day simple moving average of $30.52 and a 200-day simple moving average of $27.68. abrdn Physical Gold Shares ETF has a 12-month low of $21.85 and a 12-month high of $32.87.

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.