Avantax Advisory Services Inc. Raises Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Avantax Advisory Services Inc. grew its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 13.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,428 shares of the company’s stock after buying an additional 9,758 shares during the quarter. Avantax Advisory Services Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $2,090,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SGOL. Centerpoint Advisors LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $81,000. FMR LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 18.1% during the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after purchasing an additional 652 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 239.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock worth $158,000 after purchasing an additional 4,461 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $207,000. Finally, Natural Investments LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $208,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA SGOL opened at $28.48 on Monday. abrdn Physical Gold Shares ETF has a 1-year low of $20.55 and a 1-year high of $28.59. The business has a fifty day moving average price of $27.01 and a 200 day moving average price of $25.82.

About abrdn Physical Gold Shares ETF

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.