Vigilare Wealth Management Cuts Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Vigilare Wealth Management lessened its holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 40.7% in the third quarter, HoldingsChannel.com reports. The firm owned 8,000 shares of the company’s stock after selling 5,500 shares during the period. Vigilare Wealth Management’s holdings in Goldman Sachs Physical Gold ETF were worth $208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC acquired a new position in Goldman Sachs Physical Gold ETF in the second quarter worth $35,000. American National Bank & Trust bought a new stake in Goldman Sachs Physical Gold ETF in the third quarter valued at $55,000. US Bancorp DE bought a new stake in Goldman Sachs Physical Gold ETF in the third quarter valued at $108,000. Fortis Group Advisors LLC bought a new stake in Goldman Sachs Physical Gold ETF in the third quarter valued at $210,000. Finally, International Assets Investment Management LLC bought a new stake in Goldman Sachs Physical Gold ETF in the second quarter valued at $194,000.

Goldman Sachs Physical Gold ETF Trading Down 0.4 %

AAAU stock opened at $27.04 on Friday. Goldman Sachs Physical Gold ETF has a 1 year low of $19.15 and a 1 year high of $27.59. The stock’s fifty day moving average is $25.95 and its two-hundred day moving average is $24.35.

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.