96,124 Shares in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Bought by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC bought a new stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 96,124 shares of the company’s stock, valued at approximately $2,497,000. Arete Wealth Advisors LLC owned about 0.32% of Goldman Sachs Physical Gold ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in AAAU. Brookstone Capital Management purchased a new stake in shares of Goldman Sachs Physical Gold ETF in the 2nd quarter worth about $443,000. Raymond James & Associates grew its position in shares of Goldman Sachs Physical Gold ETF by 11.0% in the second quarter. Raymond James & Associates now owns 211,539 shares of the company’s stock valued at $4,866,000 after purchasing an additional 20,942 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Goldman Sachs Physical Gold ETF by 191.6% during the 3rd quarter. HighTower Advisors LLC now owns 195,281 shares of the company’s stock worth $5,081,000 after purchasing an additional 128,312 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Goldman Sachs Physical Gold ETF by 4.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 90,673 shares of the company’s stock valued at $2,360,000 after buying an additional 4,223 shares in the last quarter. Finally, Cambridge Advisors Inc. increased its position in Goldman Sachs Physical Gold ETF by 29.1% during the third quarter. Cambridge Advisors Inc. now owns 73,528 shares of the company’s stock worth $1,914,000 after buying an additional 16,558 shares in the last quarter.

Goldman Sachs Physical Gold ETF Price Performance

NYSEARCA AAAU opened at $26.62 on Wednesday. Goldman Sachs Physical Gold ETF has a fifty-two week low of $19.57 and a fifty-two week high of $27.59. The business has a fifty day moving average of $26.39 and a 200-day moving average of $24.92.

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.