abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Stock Position Lowered by Ameliora Wealth Management Ltd.

Ameliora Wealth Management Ltd. lessened its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 19.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 343,319 shares of the company’s stock after selling 84,281 shares during the quarter. abrdn Physical Gold Shares ETF comprises approximately 3.9% of Ameliora Wealth Management Ltd.’s portfolio, making the stock its 6th largest position. Ameliora Wealth Management Ltd. owned about 0.24% of abrdn Physical Gold Shares ETF worth $6,307,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Vigilant Capital Management LLC acquired a new stake in abrdn Physical Gold Shares ETF in the 1st quarter valued at approximately $27,000. Steward Partners Investment Advisory LLC grew its stake in shares of abrdn Physical Gold Shares ETF by 65.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,762 shares of the company’s stock worth $31,000 after acquiring an additional 696 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of abrdn Physical Gold Shares ETF in the first quarter worth $41,000. Prostatis Group LLC grew its stake in shares of abrdn Physical Gold Shares ETF by 9.7% in the fourth quarter. Prostatis Group LLC now owns 52,410 shares of the company’s stock worth $52,000 after acquiring an additional 4,650 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of abrdn Physical Gold Shares ETF by 3,339.4% in the third quarter. Tower Research Capital LLC TRC now owns 3,405 shares of the company’s stock worth $54,000 after acquiring an additional 3,306 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL stock traded up $0.14 on Friday, reaching $18.40. 2,055,253 shares of the stock were exchanged, compared to its average volume of 2,380,162. The business’s 50 day moving average price is $18.49 and its 200 day moving average price is $18.65. abrdn Physical Gold Shares ETF has a twelve month low of $15.50 and a twelve month high of $19.72.

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.