WealthTrak Capital Management LLC Purchases New Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

WealthTrak Capital Management LLC acquired a new stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 115,000 shares of the company’s stock, valued at approximately $2,983,000. Goldman Sachs Physical Gold ETF comprises about 2.5% of WealthTrak Capital Management LLC’s investment portfolio, making the stock its 10th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in AAAU. JPMorgan Chase & Co. increased its holdings in shares of Goldman Sachs Physical Gold ETF by 1,371.8% during the fourth quarter. JPMorgan Chase & Co. now owns 29,435 shares of the company’s stock worth $763,000 after buying an additional 27,435 shares in the last quarter. Modern Wealth Management LLC acquired a new position in Goldman Sachs Physical Gold ETF in the 4th quarter worth about $288,000. Virtu Financial LLC acquired a new position in Goldman Sachs Physical Gold ETF in the 4th quarter worth about $802,000. EverSource Wealth Advisors LLC raised its position in Goldman Sachs Physical Gold ETF by 38.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 57,920 shares of the company’s stock valued at $1,502,000 after purchasing an additional 16,120 shares during the last quarter. Finally, Midland Wealth Advisors LLC boosted its stake in shares of Goldman Sachs Physical Gold ETF by 93.0% during the fourth quarter. Midland Wealth Advisors LLC now owns 19,300 shares of the company’s stock valued at $501,000 after purchasing an additional 9,300 shares in the last quarter.

Goldman Sachs Physical Gold ETF Stock Up 0.7 %

Goldman Sachs Physical Gold ETF stock opened at $30.44 on Friday. The business has a 50 day moving average of $28.68 and a 200-day moving average of $27.07. Goldman Sachs Physical Gold ETF has a 1 year low of $22.06 and a 1 year high of $30.51.

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.