Foundations Investment Advisors LLC Sells 12,572 Shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Foundations Investment Advisors LLC decreased its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 13.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 84,315 shares of the company’s stock after selling 12,572 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $2,187,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Nikulski Financial Inc. acquired a new position in shares of Goldman Sachs Physical Gold ETF during the fourth quarter worth approximately $1,892,000. Exchange Traded Concepts LLC acquired a new position in Goldman Sachs Physical Gold ETF during the 4th quarter valued at $89,000. Janney Montgomery Scott LLC boosted its holdings in Goldman Sachs Physical Gold ETF by 12.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 27,045 shares of the company’s stock valued at $701,000 after purchasing an additional 3,083 shares during the period. Moulton Wealth Management Inc. boosted its holdings in Goldman Sachs Physical Gold ETF by 41.9% in the 4th quarter. Moulton Wealth Management Inc. now owns 188,317 shares of the company’s stock valued at $4,884,000 after purchasing an additional 55,637 shares during the period. Finally, Cambridge Advisors Inc. grew its position in Goldman Sachs Physical Gold ETF by 20.5% in the 4th quarter. Cambridge Advisors Inc. now owns 88,613 shares of the company’s stock worth $2,298,000 after purchasing an additional 15,085 shares during the last quarter.

Goldman Sachs Physical Gold ETF Stock Up 0.8 %

Shares of AAAU opened at $27.33 on Wednesday. The company has a 50-day simple moving average of $26.30 and a 200-day simple moving average of $25.69. Goldman Sachs Physical Gold ETF has a 52 week low of $19.64 and a 52 week high of $27.59.

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.