GSB Wealth Management LLC Takes $490,000 Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

GSB Wealth Management LLC bought a new stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 18,844 shares of the company’s stock, valued at approximately $490,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Retirement Guys Formula LLC lifted its position in Goldman Sachs Physical Gold ETF by 8.2% during the first quarter. Retirement Guys Formula LLC now owns 115,301 shares of the company’s stock worth $2,535,000 after buying an additional 8,755 shares in the last quarter. SpiderRock Advisors LLC purchased a new position in Goldman Sachs Physical Gold ETF during the first quarter worth approximately $243,000. Proficio Capital Partners LLC lifted its position in Goldman Sachs Physical Gold ETF by 19.4% during the first quarter. Proficio Capital Partners LLC now owns 430,136 shares of the company’s stock worth $9,459,000 after buying an additional 70,000 shares in the last quarter. Hilltop National Bank purchased a new position in Goldman Sachs Physical Gold ETF during the first quarter worth approximately $395,000. Finally, Paladin Advisory Group LLC lifted its position in Goldman Sachs Physical Gold ETF by 2.6% during the first quarter. Paladin Advisory Group LLC now owns 98,922 shares of the company’s stock worth $2,198,000 after buying an additional 2,460 shares in the last quarter.

Goldman Sachs Physical Gold ETF Trading Up 0.4 %

Shares of Goldman Sachs Physical Gold ETF stock opened at $27.52 on Wednesday. The business’s 50 day moving average price is $25.80 and its 200 day moving average price is $24.28. Goldman Sachs Physical Gold ETF has a one year low of $19.15 and a one year high of $27.52.

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.