Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Position Lessened by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lowered its position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 10.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,638 shares of the company’s stock after selling 12,006 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Goldman Sachs Physical Gold ETF were worth $2,636,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Compass Financial Services Inc bought a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter worth approximately $55,000. Silver Oak Securities Incorporated bought a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter worth $737,000. Mirae Asset Global Investments Co. Ltd. increased its position in Goldman Sachs Physical Gold ETF by 58.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 233,500 shares of the company’s stock worth $6,017,000 after buying an additional 86,500 shares during the last quarter. Silverlake Wealth Management LLC increased its position in Goldman Sachs Physical Gold ETF by 36.1% during the fourth quarter. Silverlake Wealth Management LLC now owns 28,090 shares of the company’s stock worth $729,000 after buying an additional 7,455 shares during the last quarter. Finally, S.A. Mason LLC raised its holdings in Goldman Sachs Physical Gold ETF by 14.2% during the fourth quarter. S.A. Mason LLC now owns 8,040 shares of the company’s stock valued at $209,000 after buying an additional 1,000 shares in the last quarter.

Goldman Sachs Physical Gold ETF Trading Down 0.3 %

AAAU opened at $28.65 on Wednesday. The stock has a 50-day moving average of $26.65 and a 200-day moving average of $25.97. Goldman Sachs Physical Gold ETF has a 52-week low of $19.64 and a 52-week high of $28.78.

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.