Gunderson Capital Management Inc. Makes New $276,000 Investment in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Gunderson Capital Management Inc. bought a new position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,000 shares of the company’s stock, valued at approximately $276,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vigilant Capital Management LLC purchased a new position in abrdn Physical Gold Shares ETF in the first quarter worth $27,000. Steward Partners Investment Advisory LLC boosted its holdings in abrdn Physical Gold Shares ETF by 65.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,762 shares of the company’s stock worth $31,000 after buying an additional 696 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new position in abrdn Physical Gold Shares ETF during the first quarter worth about $41,000. Prostatis Group LLC increased its holdings in 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 valued at $52,000 after buying an additional 4,650 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of abrdn Physical Gold Shares ETF by 3,339.4% during the 3rd 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 Trading Up 0.8 %

Shares of NYSEARCA:SGOL traded up $0.14 during midday trading on Friday, hitting $18.40. 2,055,253 shares of the stock were exchanged, compared to its average volume of 2,380,162. abrdn Physical Gold Shares ETF has a twelve month low of $15.50 and a twelve month high of $19.72. The company has a 50 day moving average price of $18.49 and a 200-day moving average price of $18.65.

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.