Axxcess Wealth Management LLC Sells 3,262 Shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Axxcess Wealth Management LLC cut its stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 3.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 106,488 shares of the company’s stock after selling 3,262 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $2,762,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Private Trust Co. NA acquired a new position in Goldman Sachs Physical Gold ETF in the 3rd quarter worth about $34,000. Truvestments Capital LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF in the third quarter valued at approximately $48,000. JPMorgan Chase & Co. bought a new position in Goldman Sachs Physical Gold ETF in the 3rd quarter valued at approximately $52,000. Compass Financial Services Inc acquired a new stake in Goldman Sachs Physical Gold ETF during the 4th quarter worth approximately $55,000. Finally, Darwin Wealth Management LLC bought a new stake in Goldman Sachs Physical Gold ETF during the 3rd quarter worth approximately $65,000.

Goldman Sachs Physical Gold ETF Stock Performance

Shares of NYSEARCA AAAU opened at $30.00 on Wednesday. The firm has a 50 day moving average price of $28.12 and a two-hundred day moving average price of $26.81. Goldman Sachs Physical Gold ETF has a 52-week low of $21.27 and a 52-week high of $30.29.

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.