Focus Partners Wealth Invests $2.26 Million in Goldman Sachs Physical Gold ETF $AAAU

Focus Partners Wealth acquired a new position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 73,296 shares of the company’s stock, valued at approximately $2,263,000. Focus Partners Wealth owned approximately 0.16% of Goldman Sachs Physical Gold ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the 1st quarter valued at about $28,000. Private Trust Co. NA boosted its position 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 purchasing an additional 764 shares during the period. Sunbelt Securities Inc. acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the 4th quarter valued at about $40,000. PNC Financial Services Group Inc. boosted its position in shares of Goldman Sachs Physical Gold ETF by 128.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,600 shares of the company’s stock valued at $49,000 after purchasing an additional 900 shares during the period. Finally, Ameriflex Group Inc. acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the 4th quarter valued at about $57,000.

Goldman Sachs Physical Gold ETF Price Performance

Shares of NYSEARCA AAAU opened at $36.43 on Wednesday. Goldman Sachs Physical Gold ETF has a 52-week low of $25.19 and a 52-week high of $36.56. The business has a 50-day moving average price of $33.74 and a 200 day moving average price of $32.47.

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.