Moulton Wealth Management Inc. Increases Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Moulton Wealth Management Inc. raised its position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 41.9% in the fourth quarter, Holdings Channel reports. The fund owned 188,317 shares of the company’s stock after buying an additional 55,637 shares during the quarter. Goldman Sachs Physical Gold ETF comprises approximately 3.8% of Moulton Wealth Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Moulton Wealth Management Inc.’s holdings in Goldman Sachs Physical Gold ETF were worth $4,884,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new stake in Goldman Sachs Physical Gold ETF during the 2nd quarter valued at approximately $1,032,000. Oliver Lagore Vanvalin Investment Group lifted its holdings in shares of Goldman Sachs Physical Gold ETF by 38.1% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 489,472 shares of the company’s stock worth $11,260,000 after buying an additional 135,128 shares during the last quarter. American National Bank & Trust bought a new stake in shares of Goldman Sachs Physical Gold ETF in the third quarter valued at approximately $55,000. Capital Market Strategies LLC grew its stake in shares of Goldman Sachs Physical Gold ETF by 70.2% in the third quarter. Capital Market Strategies LLC now owns 24,550 shares of the company’s stock worth $639,000 after acquiring an additional 10,127 shares during the last quarter. Finally, Fermata Advisors LLC bought a new position in Goldman Sachs Physical Gold ETF during the third quarter worth $350,000.

Goldman Sachs Physical Gold ETF Trading Down 0.5 %

NYSEARCA:AAAU opened at $26.70 on Monday. Goldman Sachs Physical Gold ETF has a one year low of $19.64 and a one year high of $27.59. The company has a fifty day moving average price of $26.11 and a 200 day moving average price of $25.52.

Goldman Sachs Physical Gold ETF Profile

The Goldman Sachs Physical Gold ETF (AAAU) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults located in the UK. AAAU was launched on Jul 26, 2018 and is issued by Goldman Sachs.