Clg LLC cut its position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Free Report) by 17.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 232,957 shares of the company’s stock after selling 48,159 shares during the quarter. Goldman Sachs Physical Gold ETF accounts for about 2.7% of Clg LLC’s portfolio, making the stock its 9th biggest holding. Clg LLC owned about 0.37% of Goldman Sachs Physical Gold ETF worth $10,760,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. grew its holdings in shares of Goldman Sachs Physical Gold ETF by 14.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,830 shares of the company’s stock valued at $78,000 after acquiring an additional 230 shares in the last quarter. Grey Ledge Advisors LLC raised its holdings in Goldman Sachs Physical Gold ETF by 1.2% during the first quarter. Grey Ledge Advisors LLC now owns 20,439 shares of the company’s stock worth $944,000 after acquiring an additional 250 shares in the last quarter. Sanctuary Advisors LLC boosted its position in Goldman Sachs Physical Gold ETF by 3.3% during the fourth quarter. Sanctuary Advisors LLC now owns 9,254 shares of the company’s stock valued at $394,000 after purchasing an additional 299 shares during the last quarter. PKS Advisory Services LLC boosted its position in Goldman Sachs Physical Gold ETF by 4.3% during the fourth quarter. PKS Advisory Services LLC now owns 7,228 shares of the company’s stock valued at $308,000 after purchasing an additional 300 shares during the last quarter. Finally, Wood Tarver Financial Group LLC grew its stake in Goldman Sachs Physical Gold ETF by 5.8% in the fourth quarter. Wood Tarver Financial Group LLC now owns 6,260 shares of the company’s stock valued at $266,000 after purchasing an additional 341 shares in the last quarter.
Goldman Sachs Physical Gold ETF Price Performance
NYSEARCA:AAAU opened at $39.93 on Friday. Goldman Sachs Physical Gold ETF has a 1-year low of $32.27 and a 1-year high of $54.71. The firm has a fifty day simple moving average of $41.80 and a 200 day simple moving average of $45.55.
Key Headlines Impacting Goldman Sachs Physical Gold ETF
- Negative Sentiment: Spot gold slipped as rising yields and a stronger dollar weighed on precious metals, a direct headwind for AAAU since the ETF tracks physical gold. Gold falls as oil spike, higher yields pressure metals – Kitco PM Report
- Negative Sentiment: Better-than-expected U.S. weekly jobless claims pushed gold to session lows, reinforcing the view that stronger economic data can lift rates and pressure bullion. Spot gold falls to session lows after U.S. weekly jobless claims drop to 187k
- Neutral Sentiment: Some analysts say the pullback looks like healthy profit-taking rather than panic, suggesting support may be holding even as gold consolidates near key levels. Retail investors remain confident in gold despite recent selling as healthy profit-taking replaces panic, says EverBank’s Gaffney
- Neutral Sentiment: Market commentary continues to frame gold as range-bound around support and resistance levels, with a possible breakout still dependent on a move above higher technical thresholds. Gold (XAU/USD) Price Forecast: Can the Bullish Reversal Survive This Pullback?
- Neutral Sentiment: Despite near-term weakness, bullish voices including John Paulson remain supportive of gold’s longer-term case, citing continued central bank demand and broadening investor interest. Billionaire John Paulson says gold bull market still in early stages
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.
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