Blue Capital Inc. Invests $1.32 Million in abrdn Physical Gold Shares ETF $SGOL

by · The Cerbat Gem

Blue Capital Inc. acquired a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOLFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 41,700 shares of the company’s stock, valued at approximately $1,315,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lido Advisors LLC increased its stake in abrdn Physical Gold Shares ETF by 1.8% in the 2nd quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock worth $560,000 after purchasing an additional 320 shares during the period. MAI Capital Management raised its position in shares of abrdn Physical Gold Shares ETF by 0.9% in the 2nd quarter. MAI Capital Management now owns 40,052 shares of the company’s stock worth $1,263,000 after acquiring an additional 369 shares in the last quarter. Key Client Fiduciary Advisors LLC lifted its position in abrdn Physical Gold Shares ETF by 3.6% during the second quarter. Key Client Fiduciary Advisors LLC now owns 12,182 shares of the company’s stock valued at $384,000 after buying an additional 419 shares during the period. Avantax Advisory Services Inc. lifted its position in abrdn Physical Gold Shares ETF by 0.6% during the 2nd quarter. Avantax Advisory Services Inc. now owns 83,135 shares of the company’s stock valued at $2,622,000 after acquiring an additional 522 shares during the period. Finally, Capital Advisory Group Advisory Services LLC grew its stake in shares of abrdn Physical Gold Shares ETF by 0.8% in the 2nd quarter. Capital Advisory Group Advisory Services LLC now owns 91,019 shares of the company’s stock worth $2,871,000 after buying an additional 732 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Up 0.6%

SGOL opened at $40.98 on Friday. abrdn Physical Gold Shares ETF has a 1 year low of $24.69 and a 1 year high of $41.77. The stock has a 50-day moving average price of $39.22 and a 200-day moving average price of $35.04.

About abrdn Physical Gold Shares ETF

(Free Report)

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.

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