Arete Wealth Advisors LLC Has $418,000 Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Arete Wealth Advisors LLC increased its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 9.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 16,658 shares of the company’s stock after purchasing an additional 1,393 shares during the period. Arete Wealth Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $418,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the 3rd quarter worth about $725,000. Foundations Investment Advisors LLC increased its stake in abrdn Physical Gold Shares ETF by 24.6% during the third quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock valued at $1,478,000 after acquiring an additional 11,601 shares during the period. Ritholtz Wealth Management bought a new position in abrdn Physical Gold Shares ETF during the second quarter valued at about $292,000. Wealth Enhancement Advisory Services LLC increased its stake in abrdn Physical Gold Shares ETF by 37.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 162,091 shares of the company’s stock valued at $3,602,000 after acquiring an additional 44,260 shares during the period. Finally, CWM LLC increased its stake in abrdn Physical Gold Shares ETF by 15.7% during the third quarter. CWM LLC now owns 473,922 shares of the company’s stock valued at $11,910,000 after acquiring an additional 64,316 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $25.58 on Friday. abrdn Physical Gold Shares ETF has a 12-month low of $18.92 and a 12-month high of $26.65. The stock’s 50-day moving average price is $25.50 and its 200 day moving average price is $24.08.

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.