Cutter & CO Brokerage Inc. Reduces Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Cutter & CO Brokerage Inc. lessened its position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 0.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 224,856 shares of the company’s stock after selling 1,600 shares during the quarter. Goldman Sachs Physical Gold ETF comprises 1.4% of Cutter & CO Brokerage Inc.’s investment portfolio, making the stock its 15th biggest holding. Cutter & CO Brokerage Inc.’s holdings in Goldman Sachs Physical Gold ETF were worth $5,833,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in Goldman Sachs Physical Gold ETF during the 3rd quarter worth approximately $52,000. Harbor Capital Advisors Inc. grew its stake in shares of Goldman Sachs Physical Gold ETF by 13.6% in the 4th quarter. Harbor Capital Advisors Inc. now owns 9,246 shares of the company’s stock valued at $240,000 after purchasing an additional 1,105 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of Goldman Sachs Physical Gold ETF in the 4th quarter valued at approximately $89,000. Stifel Financial Corp grew its stake in shares of Goldman Sachs Physical Gold ETF by 65.5% in the 3rd quarter. Stifel Financial Corp now owns 169,055 shares of the company’s stock valued at $4,400,000 after purchasing an additional 66,889 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Goldman Sachs Physical Gold ETF by 191.6% in the 3rd quarter. HighTower Advisors LLC now owns 195,281 shares of the company’s stock valued at $5,081,000 after purchasing an additional 128,312 shares during the last quarter.

Goldman Sachs Physical Gold ETF Trading Down 1.3 %

Shares of AAAU stock opened at $28.79 on Wednesday. The business’s 50 day moving average is $27.21 and its two-hundred day moving average is $26.36. Goldman Sachs Physical Gold ETF has a twelve month low of $20.05 and a twelve month high of $29.32.

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.