Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Sets New 1-Year High – Here’s What Happened

Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $28.79 and last traded at $28.75, with a volume of 1732394 shares traded. The stock had previously closed at $28.28.

Goldman Sachs Physical Gold ETF Trading Up 1.7 %

The firm’s 50-day moving average is $26.59 and its two-hundred day moving average is $25.93.

Institutional Investors Weigh In On Goldman Sachs Physical Gold ETF

A number of large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 38.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 57,920 shares of the company’s stock worth $1,502,000 after buying an additional 16,120 shares during the last quarter. Midland Wealth Advisors LLC raised its stake in shares of Goldman Sachs Physical Gold ETF by 93.0% in the 4th quarter. Midland Wealth Advisors LLC now owns 19,300 shares of the company’s stock valued at $501,000 after acquiring an additional 9,300 shares in the last quarter. SLT Holdings LLC bought a new position in shares of Goldman Sachs Physical Gold ETF in the 4th quarter valued at approximately $547,000. Haven Private LLC acquired a new stake in Goldman Sachs Physical Gold ETF in the 4th quarter worth approximately $1,663,000. Finally, Raymond James Financial Inc. bought a new stake in Goldman Sachs Physical Gold ETF during the fourth quarter worth approximately $16,500,000.

Goldman Sachs Physical Gold ETF Company 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.