Oppenheimer & Co. Inc. Buys 36,074 Shares of abrdn Physical Gold Shares ETF $SGOL

Oppenheimer & Co. Inc. grew its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 165.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 57,883 shares of the company’s stock after acquiring an additional 36,074 shares during the period. Oppenheimer & Co. Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $2,290,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in SGOL. Sachetta LLC grew its stake in shares of abrdn Physical Gold Shares ETF by 8.2% in the first quarter. Sachetta LLC now owns 3,165 shares of the company’s stock worth $141,000 after purchasing an additional 240 shares during the last quarter. Western Wealth Management LLC grew its stake in abrdn Physical Gold Shares ETF by 1.0% during the first quarter. Western Wealth Management LLC now owns 24,659 shares of the company’s stock worth $1,100,000 after purchasing an additional 242 shares during the period. Eagle Bay Advisors LLC grew its stake in abrdn Physical Gold Shares ETF by 1.8% during the third quarter. Eagle Bay Advisors LLC now owns 16,985 shares of the company’s stock worth $672,000 after purchasing an additional 294 shares during the period. Compound Planning Inc. increased its holdings in abrdn Physical Gold Shares ETF by 0.4% in the first quarter. Compound Planning Inc. now owns 85,404 shares of the company’s stock worth $3,811,000 after purchasing an additional 360 shares in the last quarter. Finally, Sound Income Strategies LLC increased its holdings in abrdn Physical Gold Shares ETF by 97.9% in the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock worth $38,000 after purchasing an additional 411 shares in the last quarter.

abrdn Physical Gold Shares ETF Price Performance

Shares of SGOL opened at $36.95 on Friday. abrdn Physical Gold Shares ETF has a 52-week low of $36.83 and a 52-week high of $52.84. The business’s 50 day moving average price is $40.55 and its two-hundred day moving average price is $42.84.

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.