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

Moulton Wealth Management Inc. increased its holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 42.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 132,680 shares of the company’s stock after acquiring an additional 39,585 shares during the quarter. Goldman Sachs Physical Gold ETF accounts for 2.9% of Moulton Wealth Management Inc.’s portfolio, making the stock its 10th largest position. Moulton Wealth Management Inc.’s holdings in Goldman Sachs Physical Gold ETF were worth $3,480,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its stake in shares of Goldman Sachs Physical Gold ETF by 1,674.0% during the 1st quarter. Jane Street Group LLC now owns 2,178,487 shares of the company’s stock worth $47,905,000 after acquiring an additional 2,055,683 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in Goldman Sachs Physical Gold ETF by 60.7% during the second quarter. Proficio Capital Partners LLC now owns 691,106 shares of the company’s stock valued at $15,899,000 after purchasing an additional 260,970 shares during the period. Cetera Investment Advisers grew its holdings in Goldman Sachs Physical Gold ETF by 277.9% during the first quarter. Cetera Investment Advisers now owns 268,026 shares of the company’s stock valued at $5,894,000 after purchasing an additional 197,101 shares during the period. Oliver Lagore Vanvalin Investment Group raised its stake in shares of Goldman Sachs Physical Gold ETF by 38.1% in 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 period. Finally, Global Assets Advisory LLC bought a new position in shares of Goldman Sachs Physical Gold ETF during the 1st quarter valued at approximately $2,099,000.

Goldman Sachs Physical Gold ETF Stock Performance

NYSEARCA AAAU opened at $26.90 on Friday. Goldman Sachs Physical Gold ETF has a 12 month low of $19.15 and a 12 month high of $26.91. The company’s 50 day moving average is $25.44 and its two-hundred day moving average is $24.07.

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.