Mirae Asset Global Investments Co. Ltd. Increases Holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Mirae Asset Global Investments Co. Ltd. grew its holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 58.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 233,500 shares of the company’s stock after acquiring an additional 86,500 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Goldman Sachs Physical Gold ETF were worth $6,017,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fermata Advisors LLC acquired a new position in Goldman Sachs Physical Gold ETF in the third quarter valued at $350,000. Silverlake Wealth Management LLC purchased a new position in Goldman Sachs Physical Gold ETF during the 3rd quarter worth approximately $537,000. Capstone Wealth Management Group LLC acquired a new position in Goldman Sachs Physical Gold ETF during the third quarter worth approximately $403,000. Moulton Wealth Management Inc. grew its position in shares of Goldman Sachs Physical Gold ETF by 42.5% during the third quarter. Moulton Wealth Management Inc. now owns 132,680 shares of the company’s stock worth $3,480,000 after acquiring an additional 39,585 shares during the last quarter. Finally, Raymond James & Associates increased its holdings in shares of Goldman Sachs Physical Gold ETF by 106.5% in the 3rd quarter. Raymond James & Associates now owns 436,765 shares of the company’s stock valued at $11,367,000 after acquiring an additional 225,226 shares during the period.

Goldman Sachs Physical Gold ETF Trading Up 0.2 %

Shares of NYSEARCA:AAAU opened at $28.28 on Friday. Goldman Sachs Physical Gold ETF has a 1-year low of $19.64 and a 1-year high of $28.54. The firm has a fifty day moving average price of $26.56 and a 200 day moving average price of $25.87.

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.