Raymond James & Associates Has $4.87 Million Stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Raymond James & Associates boosted its stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 11.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,539 shares of the company’s stock after buying an additional 20,942 shares during the quarter. Raymond James & Associates owned approximately 0.70% of Goldman Sachs Physical Gold ETF worth $4,866,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in AAAU. International Assets Investment Management LLC bought a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter valued at approximately $3,294,000. Headlands Technologies LLC bought a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter valued at approximately $35,000. Aveo Capital Partners LLC bought a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter valued at approximately $1,385,000. L.M. Kohn & Company bought a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter valued at approximately $314,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Goldman Sachs Physical Gold ETF by 9.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 169,301 shares of the company’s stock valued at $3,460,000 after acquiring an additional 14,385 shares during the last quarter.

Goldman Sachs Physical Gold ETF Price Performance

Shares of AAAU opened at $24.94 on Friday. Goldman Sachs Physical Gold ETF has a 52-week low of $17.97 and a 52-week high of $25.04. The business’s 50 day moving average price is $23.88 and its two-hundred day moving average price is $22.84.

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.