Ipsen Advisor Group LLC Takes Position in Goldman Sachs Physical Gold ETF $AAAU

Ipsen Advisor Group LLC bought a new stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,923 shares of the company’s stock, valued at approximately $1,197,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Essential Partners LLC acquired a new stake in Goldman Sachs Physical Gold ETF during the first quarter worth approximately $689,000. Western Wealth Management LLC lifted its stake in Goldman Sachs Physical Gold ETF by 15.4% in the first quarter. Western Wealth Management LLC now owns 10,318 shares of the company’s stock valued at $477,000 after buying an additional 1,379 shares during the period. Strait & Sound Wealth Management LLC lifted its stake in Goldman Sachs Physical Gold ETF by 4.2% in the first quarter. Strait & Sound Wealth Management LLC now owns 19,312 shares of the company’s stock valued at $892,000 after buying an additional 774 shares during the period. Waverly Advisors LLC bought a new position in shares of Goldman Sachs Physical Gold ETF during the 1st quarter worth approximately $1,470,000. Finally, Compound Planning Inc. bought a new position in shares of Goldman Sachs Physical Gold ETF during the 1st quarter worth approximately $432,000.

Key Goldman Sachs Physical Gold ETF News

Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:

• Positive Sentiment: Strong central-bank gold purchases in the second quarter, along with resilient Asian demand, support the longer-term investment case for physical gold and AAAU. World Gold Council Reports Strong Central Bank Buying
• Positive Sentiment: Analysts increasingly view gold near $4,000 an ounce as an attractive value area, suggesting potential downside support for AAAU if prices remain above that level. Gold Has Value at $4,000
• Neutral Sentiment: Gold remains range-bound, broadly consolidating between $4,000 and $4,200 while investors await clearer signals on interest rates and Middle East developments. This limits near-term directional momentum for the ETF. Gold Weekly Price Analysis
• Negative Sentiment: Long-term Treasury yields reached levels not seen since 2007, increasing the opportunity cost of holding gold and pressuring spot prices. Gold Pulls Back as Treasury Yields Rise
• Negative Sentiment: Improved U.S. consumer sentiment and easing near-term inflation expectations reinforced the possibility that the Fed can keep rates higher for longer. Gold subsequently moved near session lows below $4,030, contributing to AAAU’s weakness. Spot Gold Near Session Lows
• Negative Sentiment: The Fed’s recent rate hold was characterized as hawkish, while firm yields and a resilient labor market continue to reduce expectations for imminent monetary easing. Fed’s Hawkish Hold

Goldman Sachs Physical Gold ETF Stock Down 1.5%

Shares of AAAU stock opened at $39.93 on Friday. Goldman Sachs Physical Gold ETF has a 52 week low of $32.47 and a 52 week high of $54.71. The firm has a 50 day moving average of $41.24 and a 200-day moving average of $45.37.

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.