Amara Financial LLC. Raises Stock Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Amara Financial LLC. grew its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 10.6% during the fourth quarter, HoldingsChannel reports. The firm owned 50,370 shares of the company’s stock after purchasing an additional 4,829 shares during the quarter. abrdn Physical Gold Shares ETF comprises approximately 1.2% of Amara Financial LLC.’s portfolio, making the stock its 13th biggest holding. Amara Financial LLC.’s holdings in abrdn Physical Gold Shares ETF were worth $1,262,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SGOL. Mutual Advisors LLC grew its position in abrdn Physical Gold Shares ETF by 0.9% during the fourth quarter. Mutual Advisors LLC now owns 62,389 shares of the company’s stock valued at $1,617,000 after acquiring an additional 554 shares during the period. True North Advisors LLC lifted its holdings in abrdn Physical Gold Shares ETF by 0.6% during the 4th quarter. True North Advisors LLC now owns 91,932 shares of the company’s stock worth $2,303,000 after buying an additional 575 shares during the last quarter. Beaumont Financial Advisors LLC increased its stake in abrdn Physical Gold Shares ETF by 3.7% during the fourth quarter. Beaumont Financial Advisors LLC now owns 17,025 shares of the company’s stock valued at $426,000 after purchasing an additional 600 shares during the last quarter. FMR LLC raised its stake in abrdn Physical Gold Shares ETF by 18.1% during the third quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after acquiring an additional 652 shares during the period. Finally, Sigma Planning Corp increased its position in abrdn Physical Gold Shares ETF by 3.1% in the third quarter. Sigma Planning Corp now owns 21,996 shares of the company’s stock worth $553,000 after buying an additional 669 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

SGOL opened at $27.26 on Monday. The stock’s 50 day moving average price is $26.43 and its 200 day moving average price is $25.53. abrdn Physical Gold Shares ETF has a 12 month low of $19.53 and a 12 month high of $28.17.

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.