Towneley Capital Management Inc DE lessened its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 3.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 607,311 shares of the company’s stock after selling 22,835 shares during the quarter. abrdn Physical Gold Shares ETF makes up 4.9% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 7th largest holding. Towneley Capital Management Inc DE’s holdings in abrdn Physical Gold Shares ETF were worth $22,355,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Alpha Cubed Investments LLC bought a new stake in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at approximately $266,000. Ameritas Advisory Services LLC acquired a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $28,000. Client First Investment Management LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the third quarter valued at approximately $461,000. AE Wealth Management LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the second quarter worth $255,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of abrdn Physical Gold Shares ETF by 74.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,965 shares of the company’s stock worth $188,000 after buying an additional 2,545 shares during the period.
Key abrdn Physical Gold Shares ETF News
Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:
- Positive Sentiment: Gold pushed to new record highs, reinforcing long‑term bullish momentum and encouraging demand for physical‑gold ETFs such as SGOL. Gold (XAU/USD) Price Forecast: Rally Extends to Fresh Highs as Buyers Maintain Control
- Positive Sentiment: Gold’s breakout and sustained weekly gains are drawing momentum traders and safe‑haven flows, which typically lift physical‑gold ETF assets under management. Gold Weekly Price Outlook – Gold Breaks Out for the Week
- Positive Sentiment: Major strategist coverage remains bullish — Goldman Sachs projects a materially higher spot target, supporting the narrative for longer‑term gold accumulation and ETF demand. “Gold remains our single favorite long commodity,” spot price to reach $4,900/oz in Q4 2026 – Goldman Sachs
- Positive Sentiment: Safe‑haven flows tied to geopolitical risks and macro uncertainty are cited in market reports, a key driver for physical gold ownership and SGOL inflows. Gold, silver power to record highs on safe-haven demand
- Neutral Sentiment: Financing activity in the gold sector (e.g., U.S. Gold Corp raising $31M) shows ongoing capital deployment in mining, which can support long‑term supply fundamentals but has limited immediate effect on SGOL’s physical‑gold holdings. U.S. Gold Corp raises $31M to advance gold project – ICYMI
- Negative Sentiment: Analysts warn of overbought conditions and a possible near‑term pullback (models point to short‑term support tests), which could trigger temporary outflows or price weakness in SGOL. Gold News: Gold Analysis Highlights Pullback Risk Despite Long-Term Bullish Trend
- Negative Sentiment: Market commentary notes overbought readings that could produce more measured gains in 2026 and intermittent corrections; investors should expect higher volatility even as the secular uptrend continues. Gold 2026 Forecast: Record Advance Sets Stage for Measured Extension
abrdn Physical Gold Shares ETF Trading Up 1.2%
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.
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