Brookstone Capital Management Has $2.54 Million Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Brookstone Capital Management decreased its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 138,140 shares of the company’s stock after selling 889 shares during the period. Brookstone Capital Management owned about 0.09% of abrdn Physical Gold Shares ETF worth $2,543,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 162.4% in the 4th quarter. Jane Street Group LLC now owns 8,802,145 shares of the company’s stock valued at $153,773,000 after purchasing an additional 5,447,741 shares during the last quarter. Allen Capital Group LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the first quarter worth $12,399,000. Almanack Investment Partners LLC. grew its position in abrdn Physical Gold Shares ETF by 1,879.1% during the 1st quarter. Almanack Investment Partners LLC. now owns 667,821 shares of the company’s stock worth $12,602,000 after acquiring an additional 634,077 shares during the last quarter. Ronald Blue Trust Inc. boosted its stake in shares of abrdn Physical Gold Shares ETF by 30.4% during the first quarter. Ronald Blue Trust Inc. now owns 2,435,818 shares of the company’s stock valued at $42,554,000 after purchasing an additional 568,433 shares in the last quarter. Finally, Empowered Funds LLC raised its holdings in abrdn Physical Gold Shares ETF by 596.4% in the 1st quarter. Empowered Funds LLC now owns 621,618 shares of the company’s stock valued at $11,730,000 after buying an additional 532,354 shares during the last quarter.

abrdn Physical Gold Shares ETF Price Performance

Shares of SGOL stock opened at $18.49 on Tuesday. abrdn Physical Gold Shares ETF has a 1-year low of $15.50 and a 1-year high of $19.72. The stock has a 50-day moving average of $18.49 and a 200-day moving average of $18.67.

abrdn Physical Gold Shares ETF 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.