Tandem Financial LLC bought a new position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 163,270 shares of the company’s stock, valued at approximately $6,224,000. Goldman Sachs Physical Gold ETF accounts for about 2.3% of Tandem Financial LLC’s portfolio, making the stock its 10th biggest holding. Tandem Financial LLC owned about 0.29% of Goldman Sachs Physical Gold ETF at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Quadrature Capital Ltd bought a new position in shares of Goldman Sachs Physical Gold ETF during the 2nd quarter worth about $30,082,000. Sonoma Allocations LLC acquired a new stake in Goldman Sachs Physical Gold ETF during the third quarter worth about $12,454,000. Prospera Financial Services Inc bought a new position in Goldman Sachs Physical Gold ETF during the second quarter valued at about $6,505,000. Vivaldi Capital Management LP acquired a new position in Goldman Sachs Physical Gold ETF in the 2nd quarter valued at approximately $4,530,000. Finally, Global Retirement Partners LLC acquired a new position in Goldman Sachs Physical Gold ETF in the 2nd quarter valued at approximately $3,721,000.
Goldman Sachs Physical Gold ETF Price Performance
Shares of NYSEARCA:AAAU opened at $49.89 on Tuesday. Goldman Sachs Physical Gold ETF has a 1-year low of $27.00 and a 1-year high of $50.38. The business’s 50 day moving average is $43.33 and its 200-day moving average is $38.87.
Key Goldman Sachs Physical Gold ETF News
- Positive Sentiment: Record spot-gold rally: safe-haven flows tied to rising geopolitical risk and a weaker dollar pushed gold through $5,000 to new highs, underpinning demand for physically backed gold ETFs like AAAU. Gold races to $5,100 record peak on safe-haven demand
- Positive Sentiment: Analysts and central-bank buying outlook: commentators and some analysts see more upside (targets toward $6,000) as central-bank purchases and geopolitical tensions continue to support prices — bullish for AAAU. Gold has more room to run, analysts say
- Positive Sentiment: Large private purchases: stablecoin issuer Tether disclosed a sizable gold buy (about 27 tonnes in Q4), adding to demand narratives for physical gold holdings that support AAAU. Tether says it bought 27 tons of gold in fourth quarter
- Positive Sentiment: ETF positioning: coverage comparing gold ETFs highlights AAAU’s low beta and low expense ratio versus peers, making it an attractive, lower-volatility way to hold physical gold for investors seeking exposure. Gold & Silver ETFs: Comparing AAAU vs. SLVP
- Neutral Sentiment: Near-term technical/forecast updates show continued momentum but note volatility around the Fed meeting and macro data — supports watchfulness for intraday swings in AAAU. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Demand Lifts Metals – Buy the Dip or Stand Aside?
- Neutral Sentiment: Industry effects: miners and supply-side stories (e.g., renewed South African mining activity) reflect higher prices but affect miners more than a physically backed ETF like AAAU. Gold Boom Spurs Miners to Dig for the Mother Lode
- Negative Sentiment: Correction risk: several market notes warn the rally is parabolic and could see sharp pullbacks around macro events (Fed meeting, fiscal headlines), which would pressure AAAU in a correction. Gold News: XAU Breakout Above $5000 Driven by Geopolitical Chaos & Weak Dollar
- Negative Sentiment: Metal-specific risks: commentary that silver’s rally may be topping and industrial-demand impact could trigger broader metals volatility — potential spillover into gold-linked flows and AAAU redemptions. Silver’s rally may be topping; gold shrugs
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.
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