Resonant Capital Advisors LLC Sells 74,245 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Resonant Capital Advisors LLC decreased its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 57.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,448 shares of the company’s stock after selling 74,245 shares during the period. Resonant Capital Advisors LLC’s holdings in abrdn Physical Gold Shares ETF were worth $1,075,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Steward Partners Investment Advisory LLC raised its position in abrdn Physical Gold Shares ETF by 65.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,762 shares of the company’s stock worth $31,000 after purchasing an additional 696 shares during the period. BNP Paribas Arbitrage SNC raised its position in abrdn Physical Gold Shares ETF by 11.5% in the 2nd quarter. BNP Paribas Arbitrage SNC now owns 6,878 shares of the company’s stock worth $126,000 after purchasing an additional 708 shares during the period. ETF Store Inc. raised its position in abrdn Physical Gold Shares ETF by 1.7% in the 3rd quarter. ETF Store Inc. now owns 51,899 shares of the company’s stock worth $968,000 after purchasing an additional 849 shares during the period. Sheets Smith Wealth Management raised its position in abrdn Physical Gold Shares ETF by 1.5% in the 3rd quarter. Sheets Smith Wealth Management now owns 68,638 shares of the company’s stock worth $1,214,000 after purchasing an additional 1,005 shares during the period. Finally, IHT Wealth Management LLC raised its position in abrdn Physical Gold Shares ETF by 8.2% in the 2nd quarter. IHT Wealth Management LLC now owns 13,282 shares of the company’s stock worth $244,000 after purchasing an additional 1,006 shares during the period.

abrdn Physical Gold Shares ETF Price Performance

abrdn Physical Gold Shares ETF stock opened at $22.83 on Friday. abrdn Physical Gold Shares ETF has a 1-year low of $17.35 and a 1-year high of $23.24. The company’s 50-day moving average is $20.81 and its 200 day moving average is $19.69.

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.