Cwm LLC Sells 39,838 Shares of abrdn Physical Gold Shares ETF $SGOL

Cwm LLC reduced its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 8.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 425,756 shares of the company’s stock after selling 39,838 shares during the quarter. Cwm LLC owned about 0.26% of abrdn Physical Gold Shares ETF worth $13,428,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SGOL. Guardian Point Capital LP bought a new stake in abrdn Physical Gold Shares ETF during the first quarter worth approximately $22,365,000. Global View Capital Management LLC boosted its position in shares of abrdn Physical Gold Shares ETF by 337.5% during the first quarter. Global View Capital Management LLC now owns 454,788 shares of the company’s stock valued at $13,562,000 after buying an additional 350,832 shares during the period. Cresset Asset Management LLC purchased a new position in shares of abrdn Physical Gold Shares ETF during the first quarter valued at approximately $3,845,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of abrdn Physical Gold Shares ETF by 41.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 426,850 shares of the company’s stock valued at $12,545,000 after buying an additional 125,750 shares during the period. Finally, E Fund Management Co. Ltd. purchased a new position in shares of abrdn Physical Gold Shares ETF during the first quarter valued at approximately $3,564,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $39.18 on Tuesday. abrdn Physical Gold Shares ETF has a 1 year low of $24.41 and a 1 year high of $39.25. The business has a 50 day simple moving average of $34.40 and a two-hundred day simple moving average of $32.48.

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.