Modern Wealth Management LLC Purchases 650 Shares of Goldman Sachs Physical Gold ETF $AAAU

Modern Wealth Management LLC grew its position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 7.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,000 shares of the company’s stock after purchasing an additional 650 shares during the period. Modern Wealth Management LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $309,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. SLT Holdings LLC lifted its stake in shares of Goldman Sachs Physical Gold ETF by 1.7% in the 1st quarter. SLT Holdings LLC now owns 21,444 shares of the company’s stock valued at $662,000 after acquiring an additional 350 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Goldman Sachs Physical Gold ETF by 1.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 27,520 shares of the company’s stock valued at $850,000 after acquiring an additional 475 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Goldman Sachs Physical Gold ETF by 4.7% in the 1st quarter. IFP Advisors Inc now owns 11,191 shares of the company’s stock valued at $346,000 after acquiring an additional 504 shares during the last quarter. Cambridge Advisors Inc. lifted its stake in shares of Goldman Sachs Physical Gold ETF by 0.7% in the 1st quarter. Cambridge Advisors Inc. now owns 89,256 shares of the company’s stock valued at $2,756,000 after acquiring an additional 643 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of Goldman Sachs Physical Gold ETF by 240.3% in the 1st quarter. Private Trust Co. NA now owns 1,082 shares of the company’s stock valued at $33,000 after acquiring an additional 764 shares during the last quarter.

Goldman Sachs Physical Gold ETF Price Performance

NYSEARCA AAAU opened at $36.34 on Tuesday. Goldman Sachs Physical Gold ETF has a 1-year low of $25.19 and a 1-year high of $36.38. The stock has a 50-day moving average of $33.67 and a 200-day moving average of $32.45.

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.