Goldman Sachs Physical Gold ETF $AAAU Shares Bought by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. grew its position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 23.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,000 shares of the company’s stock after purchasing an additional 44,000 shares during the period. Goldman Sachs Physical Gold ETF makes up approximately 0.7% of China Universal Asset Management Co. Ltd.’s holdings, making the stock its 28th largest holding. China Universal Asset Management Co. Ltd. owned approximately 0.48% of Goldman Sachs Physical Gold ETF worth $7,582,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its position in Goldman Sachs Physical Gold ETF by 128.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,600 shares of the company’s stock valued at $49,000 after buying an additional 900 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the second quarter worth $67,000. Private Trust Co. NA raised its stake in shares of Goldman Sachs Physical Gold ETF by 113.3% in the 2nd quarter. Private Trust Co. NA now owns 2,308 shares of the company’s stock valued at $75,000 after acquiring an additional 1,226 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF during the 2nd quarter valued at $135,000. Finally, Headlands Technologies LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF during the 2nd quarter valued at $146,000.

Goldman Sachs Physical Gold ETF Trading Up 0.6%

Shares of NYSEARCA AAAU opened at $42.44 on Friday. The stock has a fifty day moving average price of $40.61 and a 200 day moving average price of $36.31. Goldman Sachs Physical Gold ETF has a 12-month low of $25.56 and a 12-month high of $43.26.

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.