Capital Management Associates Inc Has $8.56 Million Stock Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Capital Management Associates Inc raised its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 341,538 shares of the company’s stock after buying an additional 8,900 shares during the quarter. abrdn Physical Gold Shares ETF accounts for about 3.2% of Capital Management Associates Inc’s portfolio, making the stock its 10th largest position. Capital Management Associates Inc’s holdings in abrdn Physical Gold Shares ETF were worth $8,556,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of SGOL. Consolidated Portfolio Review Corp acquired a new stake in abrdn Physical Gold Shares ETF in the 4th quarter valued at approximately $276,000. Silver Oak Securities Incorporated acquired a new stake in abrdn Physical Gold Shares ETF during the fourth quarter worth approximately $955,000. Syntegra Private Wealth Group LLC acquired a new position in abrdn Physical Gold Shares ETF in the 4th quarter valued at $326,000. Choreo LLC raised its stake in abrdn Physical Gold Shares ETF by 489.6% in the 4th quarter. Choreo LLC now owns 111,716 shares of the company’s stock worth $2,781,000 after purchasing an additional 92,769 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of abrdn Physical Gold Shares ETF by 32.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 301,100 shares of the company’s stock valued at $7,494,000 after buying an additional 73,500 shares during the period.

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA SGOL opened at $27.30 on Friday. The stock has a 50-day moving average price of $25.68 and a two-hundred day moving average price of $25.01. abrdn Physical Gold Shares ETF has a 12 month low of $18.97 and a 12 month high of $27.56.

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.