Joule Financial LLC Takes Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Joule Financial LLC acquired a new stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,743 shares of the company’s stock, valued at approximately $239,000.

A number of other hedge funds have also made changes to their positions in the business. Proficio Capital Partners LLC increased its holdings in shares of 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 valued at $283,024,000 after acquiring an additional 10,219,630 shares during the last quarter. Wellspring Financial Advisors LLC increased its holdings in shares of Goldman Sachs Physical Gold ETF by 7.1% in the 4th quarter. Wellspring Financial Advisors LLC now owns 1,392,818 shares of the company’s stock valued at $36,123,000 after acquiring an additional 92,675 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Goldman Sachs Physical Gold ETF by 7,165.2% in the 4th quarter. Jane Street Group LLC now owns 643,410 shares of the company’s stock valued at $16,687,000 after acquiring an additional 634,554 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Goldman Sachs Physical Gold ETF in the 4th quarter valued at about $16,500,000. Finally, Fermata Advisors LLC purchased a new position in shares of Goldman Sachs Physical Gold ETF in the 1st quarter valued at about $9,671,000.

Goldman Sachs Physical Gold ETF Stock Performance

NYSEARCA:AAAU opened at $32.72 on Friday. The stock’s 50 day moving average price is $32.22 and its 200 day moving average price is $29.19. Goldman Sachs Physical Gold ETF has a 52-week low of $22.64 and a 52-week high of $34.04.

About Goldman Sachs Physical Gold ETF

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.