World Investment Advisors Makes New Investment in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

World Investment Advisors acquired a new stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the 4th quarter, HoldingsChannel reports. The fund acquired 53,182 shares of the company’s stock, valued at approximately $1,379,000.

Other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC raised its holdings in Goldman Sachs Physical Gold ETF by 1,478.7% in the 4th quarter. Proficio Capital Partners LLC now owns 10,910,736 shares of the company’s stock worth $283,024,000 after purchasing an additional 10,219,630 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Goldman Sachs Physical Gold ETF during the 4th quarter valued at approximately $16,500,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Goldman Sachs Physical Gold ETF by 58.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 233,500 shares of the company’s stock worth $6,017,000 after acquiring an additional 86,500 shares during the period. HighTower Advisors LLC raised its position in shares of Goldman Sachs Physical Gold ETF by 191.6% in the 3rd quarter. HighTower Advisors LLC now owns 195,281 shares of the company’s stock worth $5,081,000 after acquiring an additional 128,312 shares in the last quarter. Finally, Moulton Wealth Management Inc. lifted its stake in shares of Goldman Sachs Physical Gold ETF by 41.9% in the 4th quarter. Moulton Wealth Management Inc. now owns 188,317 shares of the company’s stock valued at $4,884,000 after purchasing an additional 55,637 shares during the period.

Goldman Sachs Physical Gold ETF Trading Down 2.3 %

AAAU opened at $29.99 on Friday. The stock has a fifty day simple moving average of $29.03 and a two-hundred day simple moving average of $27.27. Goldman Sachs Physical Gold ETF has a 12-month low of $22.55 and a 12-month high of $30.98.

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.