MGO One Seven LLC reduced its holdings in shares of Goldman Sachs Physical Gold ETF (BATS:AAAU – Free Report) by 62.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 41,366 shares of the company’s stock after selling 68,489 shares during the period. MGO One Seven LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $1,694,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the business. Ballast Advisors LLC bought a new position in Goldman Sachs Physical Gold ETF in the 1st quarter valued at $34,000. Polaris Financial Partners purchased a new stake in Goldman Sachs Physical Gold ETF in the third quarter worth $34,000. Parallel Advisors LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 20.9% during the first quarter. Parallel Advisors LLC now owns 3,255 shares of the company’s stock worth $150,000 after purchasing an additional 562 shares during the last quarter. Capital Analysts LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 645.9% during the second quarter. Capital Analysts LLC now owns 3,752 shares of the company’s stock worth $148,000 after purchasing an additional 3,249 shares during the last quarter. Finally, Armor Investment Advisors LLC bought a new stake in shares of Goldman Sachs Physical Gold ETF during the first quarter worth $208,000.
Goldman Sachs Physical Gold ETF Price Performance
Shares of AAAU opened at $40.04 on Thursday. Goldman Sachs Physical Gold ETF has a 12-month low of $38.14 and a 12-month high of $54.71. The firm has a fifty day moving average price of $41.59 and a 200-day moving average price of $44.27.
Key Goldman Sachs Physical Gold ETF News
Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:
- Positive Sentiment: Gold’s move back above $4,000, supported by the weaker dollar and lower yields, is a near-term tailwind for AAAU. Separately, central-bank gold purchases accelerated in the third quarter, while overall demand remained near record levels—potential longer-term support for prices.Kitco PM report on gold climbing above $4,000 Wall Street Journal report on central-bank gold buying
- Neutral Sentiment: Gold was flat in early Asian trading after its midterm-linked rebound. The pause tempers the immediate momentum but does not erase the earlier gains supporting the ETF.Wall Street Journal report on gold trading flat
- Negative Sentiment: The recovery may be vulnerable: analysts noted that recent technical damage remains, and resilient U.S. activity, persistent inflation, rising real yields, and upcoming jobs data could renew selling pressure on gold.FXEmpire outlook on gold ahead of the jobs report
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.
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