Stonebridge Financial Group LLC Boosts Stock Position in abrdn Physical Gold Shares ETF $SGOL

Stonebridge Financial Group LLC lifted its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 7.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 420,735 shares of the company’s stock after buying an additional 29,614 shares during the period. abrdn Physical Gold Shares ETF comprises 1.4% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 19th largest position. Stonebridge Financial Group LLC’s holdings in abrdn Physical Gold Shares ETF were worth $15,487,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Crewe Advisors LLC bought a new position in abrdn Physical Gold Shares ETF during the second quarter valued at approximately $27,000. Sound Income Strategies LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the 3rd quarter valued at $34,000. Ameritas Advisory Services LLC bought a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at $28,000. BNP Paribas bought a new position in shares of abrdn Physical Gold Shares ETF during the 2nd quarter valued at $39,000. Finally, UMB Bank n.a. purchased a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth $41,000.

abrdn Physical Gold Shares ETF Stock Performance

NYSEARCA SGOL opened at $41.37 on Wednesday. The company has a 50-day simple moving average of $39.84 and a two-hundred day simple moving average of $35.93. abrdn Physical Gold Shares ETF has a 12-month low of $24.93 and a 12-month high of $43.36.

abrdn Physical Gold Shares ETF News Summary

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Geopolitical tensions are lifting safe-haven demand for gold, supporting near-term gains in bullion and ETFs that track physical gold. Gold gains, silver strongly up as geopolitical tensions rise
• Positive Sentiment: UBS published a bullish scenario that sees gold reaching $5,000 by Q3 2026 (and up to $5,400 under higher U.S. political/economic risk), which can attract longer-term inflows into gold-backed ETFs like SGOL. UBS sees $5,000 gold by Q3 2026
• Neutral Sentiment: Technical bounce: spot gold recently tested and held the 20‑day moving average (~$4,303) and is attempting a rebound — supportive but fragile until momentum confirms. Gold price forecast: key battle at 20-day average
• Neutral Sentiment: CME margin hikes and holiday thin volumes have produced outsized intraday swings and volatility in futures — this boosts short-term trading activity in gold ETFs but increases downside risk if flows reverse. Gold rebounds as margin hikes shake metals
• Neutral Sentiment: Macro commentary (WGC, Kitco) outlines four key 2026 drivers — inflation, monetary policy, real rates and geopolitics — that will determine gold’s path; important context for SGOL but not an immediate catalyst. Four key drivers will determine gold’s price trajectory in 2026
• Negative Sentiment: Technical risk: analysts warn of deeper corrections if support breaks (targets cited around $4,172–$4,041), which could trigger outflows from gold ETFs on stop-selling. Gold market breakdown eyes $4,041 target
• Negative Sentiment: Recent profit‑taking and a large one‑day drop prompted by positioning adjustments have pressured gold and could weigh on SGOL if that selling resumes. Gold, silver see heavy profit taking
• Neutral Sentiment: Other market news (e.g., consumer product delays) is unrelated to bullion and unlikely to move SGOL. Trump Mobile delays shipment

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.