AB

abrdn Gold ETF Trust

An ETF offering investors exposure to gold's price by holding physical bullion.

SGOL | NYSE

Overview

Corporate Details

ISIN(s):
N/A
LEI:
Country:
United States of America
Address:
C/O ABRDN, 19103 PHILADELPHIA
Sector:
Mining and quarrying
Industry:
Extraction of natural gas

Description

abrdn Gold ETF Trust is the issuer of the abrdn Physical Gold Shares ETF (SGOL). The Trust's primary investment objective is for its shares to reflect the performance of the price of gold bullion, less the Trust's expenses. To achieve this, the ETF holds physical gold bars in secure, allocated storage. This structure provides investors with a simple, cost-effective, and liquid investment vehicle to gain exposure to the gold market without the logistical complexities of purchasing, storing, and insuring physical bullion. The shares are designed for investors seeking to use gold as a tool for portfolio diversification or as a potential hedge against inflation.

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Insider Transactions

Date Insider Name Position Type Shares Value
No insider transactions recorded for this company.

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