Capital Management Associates Inc Sells 5,545 Shares of abrdn Physical Gold Shares ETF $SGOL

Capital Management Associates Inc reduced its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 338,375 shares of the company’s stock after selling 5,545 shares during the period. abrdn Physical Gold Shares ETF accounts for about 3.4% of Capital Management Associates Inc’s portfolio, making the stock its 10th largest holding. Capital Management Associates Inc owned about 0.20% of abrdn Physical Gold Shares ETF worth $10,672,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SGOL. Ameritas Advisory Services LLC acquired a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter valued at $28,000. UMB Bank n.a. acquired a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter valued at $41,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in abrdn Physical Gold Shares ETF by 217.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock valued at $58,000 after buying an additional 1,250 shares during the last quarter. Main Street Group LTD increased its stake in abrdn Physical Gold Shares ETF by 96.2% in the 2nd quarter. Main Street Group LTD now owns 2,345 shares of the company’s stock valued at $74,000 after buying an additional 1,150 shares during the last quarter. Finally, Costello Asset Management INC acquired a new stake in abrdn Physical Gold Shares ETF in the 1st quarter valued at $75,000.

abrdn Physical Gold Shares ETF Trading Up 1.6%

Shares of SGOL stock opened at $38.57 on Thursday. abrdn Physical Gold Shares ETF has a 1 year low of $24.41 and a 1 year high of $38.71. The firm’s fifty day moving average price is $34.01 and its two-hundred day moving average price is $32.23.

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.