OneDigital Investment Advisors LLC Decreases Stock Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

OneDigital Investment Advisors LLC lessened its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,343 shares of the company’s stock after selling 1,861 shares during the period. OneDigital Investment Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $1,567,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SGOL. Metis Global Partners LLC raised its position in abrdn Physical Gold Shares ETF by 34.6% in the third quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock valued at $117,050,000 after purchasing an additional 1,197,086 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of abrdn Physical Gold Shares ETF by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,298,524 shares of the company’s stock valued at $28,853,000 after buying an additional 38,433 shares during the period. Pure Portfolios Holdings LLC acquired a new position in abrdn Physical Gold Shares ETF during the 3rd quarter worth approximately $25,415,000. Mountain Lake Investment Management LLC grew its position in abrdn Physical Gold Shares ETF by 0.3% in the first quarter. Mountain Lake Investment Management LLC now owns 625,000 shares of the company’s stock valued at $13,275,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Ameliora Wealth Management Ltd. raised its stake in shares of abrdn Physical Gold Shares ETF by 22.7% during the third quarter. Ameliora Wealth Management Ltd. now owns 607,494 shares of the company’s stock valued at $15,266,000 after purchasing an additional 112,222 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL stock opened at $24.46 on Monday. The firm has a fifty day simple moving average of $25.32 and a 200-day simple moving average of $23.73. abrdn Physical Gold Shares ETF has a twelve month low of $18.80 and a twelve month high of $26.65.

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.