Acorn Wealth Advisors LLC Boosts Stock Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Acorn Wealth Advisors LLC increased its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 11.1% during the 4th quarter, HoldingsChannel reports. The firm owned 23,755 shares of the company’s stock after buying an additional 2,368 shares during the period. Acorn Wealth Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $595,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Centerpoint Advisors LLC bought a new stake in shares of abrdn Physical Gold Shares ETF in the 4th quarter valued at approximately $81,000. FMR LLC raised its holdings in abrdn Physical Gold Shares ETF by 18.1% during the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after buying an additional 652 shares during the period. Exchange Traded Concepts LLC lifted its position in abrdn Physical Gold Shares ETF by 239.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,325 shares of the company’s stock worth $158,000 after buying an additional 4,461 shares during the last quarter. Allworth Financial LP boosted its stake in abrdn Physical Gold Shares ETF by 33.3% during the third quarter. Allworth Financial LP now owns 7,418 shares of the company’s stock worth $186,000 after buying an additional 1,853 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in abrdn Physical Gold Shares ETF during the third quarter worth $213,000.

abrdn Physical Gold Shares ETF Price Performance

Shares of SGOL opened at $28.17 on Tuesday. The company’s fifty day simple moving average is $26.22 and its 200-day simple moving average is $25.42. abrdn Physical Gold Shares ETF has a twelve month low of $19.36 and a twelve month high of $28.17.

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.