Private Advisor Group LLC Increases Holdings in abrdn Physical Gold Shares ETF $SGOL

Private Advisor Group LLC increased its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 102.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,185 shares of the company’s stock after buying an additional 31,456 shares during the quarter. Private Advisor Group LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of SGOL. Smartleaf Asset Management LLC bought a new stake in shares of abrdn Physical Gold Shares ETF in the 4th quarter worth approximately $27,000. Sound Income Strategies LLC grew its holdings in shares of abrdn Physical Gold Shares ETF by 97.9% during the 1st quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock valued at $38,000 after purchasing an additional 411 shares during the last quarter. BNP Paribas bought a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at $39,000. Eastern Bank purchased a new position in abrdn Physical Gold Shares ETF in the 4th quarter worth $47,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in abrdn Physical Gold Shares ETF in the 4th quarter worth $51,000.

abrdn Physical Gold Shares ETF Price Performance

abrdn Physical Gold Shares ETF stock opened at $39.23 on Friday. The firm has a fifty day simple moving average of $41.54 and a two-hundred day simple moving average of $44.24. abrdn Physical Gold Shares ETF has a twelve month low of $31.16 and a twelve month high of $52.84.

abrdn Physical Gold Shares ETF News Summary

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

• Positive Sentiment: Spot gold moved back above $4,100/oz after stronger-than-expected labor market data, while geopolitical uncertainty continued to support safe-haven buying for gold-backed funds like SGOL. Spot gold trades above $4,100/oz as U.S. weekly jobless claims hold at 215k
• Positive Sentiment: Gold and silver technicals improved after gold broke above a key pattern near $4,075, suggesting momentum may be turning more favorable if resistance levels are reclaimed. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Symmetrical Triangle at $4,075 as Silver Holds $58.27 – Next Move?
• Neutral Sentiment: Gold remains range-bound in the near term as traders watch Federal Reserve policy signals, Treasury yields, and upcoming inflation data for direction. Gold (XAUUSD) Price Forecast: Can Gold Hold Support Ahead of U.S. Inflation Data?
• Negative Sentiment: Some traders remain cautious because hawkish Fed expectations, higher Treasury yields, and technical warnings such as a potential “death cross” could pressure gold prices and weigh on SGOL. Gold Price Analysis – Gold Consolidates as Looming Death Cross Signals Risk

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.