Seven Post Investment Office LP Has $493,000 Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Seven Post Investment Office LP reduced its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 16.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,965 shares of the company’s stock after selling 5,048 shares during the quarter. Seven Post Investment Office LP’s holdings in abrdn Physical Gold Shares ETF were worth $493,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Keener Financial Planning LLC acquired a new position in abrdn Physical Gold Shares ETF during the fourth quarter worth $35,000. Gradient Investments LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter valued at $38,000. Headlands Technologies LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the fourth quarter valued at $85,000. Householder Group Estate & Retirement Specialist LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 108.5% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,054 shares of the company’s stock valued at $99,000 after buying an additional 2,630 shares in the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter valued at $117,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL traded down $0.01 during midday trading on Friday, reaching $22.00. The company’s stock had a trading volume of 4,111,797 shares, compared to its average volume of 3,387,201. abrdn Physical Gold Shares ETF has a fifty-two week low of $17.35 and a fifty-two week high of $23.24. The business’s fifty day simple moving average is $21.39 and its 200-day simple moving average is $20.01.

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.