Capital Wealth Alliance LLC Has $281,000 Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Capital Wealth Alliance LLC trimmed its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 22.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,167 shares of the company’s stock after selling 3,218 shares during the period. Capital Wealth Alliance LLC’s holdings in abrdn Physical Gold Shares ETF were worth $281,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Farther Finance Advisors LLC increased its stake in abrdn Physical Gold Shares ETF by 0.4% in the third quarter. Farther Finance Advisors LLC now owns 462,116 shares of the company’s stock valued at $11,613,000 after purchasing an additional 1,725 shares in the last quarter. Focus Financial Network Inc. increased its position in shares of abrdn Physical Gold Shares ETF by 0.6% during the third quarter. Focus Financial Network Inc. now owns 297,297 shares of the company’s stock worth $7,471,000 after acquiring an additional 1,641 shares in the last quarter. Mutual Advisors LLC raised its holdings in shares of abrdn Physical Gold Shares ETF by 10.2% during the third quarter. Mutual Advisors LLC now owns 61,835 shares of the company’s stock worth $1,615,000 after acquiring an additional 5,720 shares during the period. Valmark Advisers Inc. bought a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter valued at $233,000. Finally, MONECO Advisors LLC boosted its stake in abrdn Physical Gold Shares ETF by 37.8% in the 3rd quarter. MONECO Advisors LLC now owns 151,481 shares of the company’s stock worth $3,807,000 after purchasing an additional 41,560 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL traded up $0.02 during midday trading on Monday, hitting $26.13. The stock had a trading volume of 819,820 shares, compared to its average volume of 3,371,722. The company has a 50 day simple moving average of $25.06 and a two-hundred day simple moving average of $23.52. abrdn Physical Gold Shares ETF has a twelve month low of $18.48 and a twelve month high of $26.65.

abrdn Physical Gold Shares ETF Company 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.