Freedom Investment Management Inc. Sells 49,612 Shares of abrdn Physical Gold Shares ETF $SGOL

Freedom Investment Management Inc. decreased its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 10.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 406,217 shares of the company’s stock after selling 49,612 shares during the quarter. abrdn Physical Gold Shares ETF comprises approximately 1.0% of Freedom Investment Management Inc.’s portfolio, making the stock its 14th biggest holding. Freedom Investment Management Inc. owned approximately 0.25% of abrdn Physical Gold Shares ETF worth $12,812,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new stake in abrdn Physical Gold Shares ETF during the 1st quarter valued at $291,000. Oppenheimer & Co. Inc. bought a new stake in abrdn Physical Gold Shares ETF during the 1st quarter valued at $230,000. Ameritas Advisory Services LLC purchased a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at $28,000. M&T Bank Corp purchased a new position in shares of abrdn Physical Gold Shares ETF during the 1st quarter valued at $206,000. Finally, Farther Finance Advisors LLC grew its position in shares of abrdn Physical Gold Shares ETF by 74.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,965 shares of the company’s stock valued at $188,000 after purchasing an additional 2,545 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

SGOL opened at $39.10 on Thursday. The company has a fifty day moving average price of $35.52 and a 200-day moving average price of $32.95. abrdn Physical Gold Shares ETF has a one year low of $24.41 and a one year high of $41.77.

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.