abrdn Physical Gold Shares ETF $SGOL Shares Sold by Mountain Lake Investment Management LLC

Mountain Lake Investment Management LLC trimmed its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 11.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 459,101 shares of the company’s stock after selling 56,832 shares during the quarter. abrdn Physical Gold Shares ETF accounts for about 12.6% of Mountain Lake Investment Management LLC’s portfolio, making the stock its largest position. Mountain Lake Investment Management LLC owned approximately 0.26% of abrdn Physical Gold Shares ETF worth $16,900,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Sound Income Strategies LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter worth about $34,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of abrdn Physical Gold Shares ETF during the third quarter valued at about $37,000. Anfield Capital Management LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter valued at approximately $37,000. BNP Paribas purchased a new position in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at approximately $39,000. Finally, Tableaux LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the 2nd quarter valued at approximately $53,000.

abrdn Physical Gold Shares ETF Trading Down 0.1%

SGOL stock opened at $47.75 on Tuesday. abrdn Physical Gold Shares ETF has a 52 week low of $28.22 and a 52 week high of $52.84. The firm has a 50 day moving average of $47.21 and a 200 day moving average of $41.57.

Key abrdn Physical Gold Shares ETF News

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Geopolitical risk is boosting safe‑haven demand for physical gold, underpinning SGOL as investors seek protection amid Middle East tensions and disruptions to shipping in the Strait of Hormuz. Gold (XAUUSD) & Silver Price Forecast: War Risks vs. High Rates; XAU Pivot – $5,062 Break or $4,910 Sink?
• Positive Sentiment: Bullish analyst forecasts and macro views (UBS sees ~20% upside; FXEmpire projects a potential move toward $6,500 if recession risks and tensions persist) support longer‑term appetite for gold ETFs like SGOL. Gold is still set to gain 20% above current prices in 2026 – UBS Gold Price Forecast: Recession Risks and Middle East Tensions Could Push Gold Toward $6,500
• Positive Sentiment: Unusually large call‑option buying on SGOL (3,209 calls, ~270% above average) suggests traders are positioning bullishly for higher gold prices, which can amplify ETF inflows and upward price pressure.
• Positive Sentiment: Growing institutional and state interest in holding physical gold (e.g., U.S. states expanding reserves) increases underlying demand for allocated physical‑gold ETFs such as SGOL. Inside an Old Newspaper Building, Wyoming Is Stashing 2,312 Ounces of Gold
• Neutral Sentiment: Technical commentary is mixed — some notes of a potential technical recovery after recent pullbacks, but also warnings of capped rallies due to liquidity constraints; this keeps near‑term volatility likely for SGOL. Gold Edges Higher on Possible Technical Recovery More than one way to ride a bull – shift tactics in gold as liquidity crunch caps rally, says Tastylive’s Vecchio
• Negative Sentiment: Rising energy prices and the prospect that higher oil could delay Fed rate cuts (or prompt tighter policy) create headwinds for gold by lifting real yields — pressuring SGOL in intervals when inflation‑driven rate concerns dominate. Gold Falls as Rising Energy Prices Exacerbate Inflation Worries Gold (XAUUSD) Price Forecast: Gold Market Faces Bearish Pressure if Oil Stays Above $100
• Negative Sentiment: Improved risk appetite and equity strength can pull money out of safe havens, producing short‑term outflows from gold ETFs and downward pressure on SGOL during market rallies. Gold, silver down as risk appetite improves, crude sinks

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.