China Universal Asset Management Co. Ltd. Purchases 20,000 Shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

China Universal Asset Management Co. Ltd. increased its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 15.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 148,000 shares of the company’s stock after acquiring an additional 20,000 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in Goldman Sachs Physical Gold ETF were worth $3,838,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Private Trust Co. NA bought a new stake in Goldman Sachs Physical Gold ETF during the 3rd quarter valued at $34,000. Truvestments Capital LLC purchased a new stake in Goldman Sachs Physical Gold ETF during the third quarter valued at approximately $48,000. JPMorgan Chase & Co. acquired a new stake in Goldman Sachs Physical Gold ETF in the third quarter valued at approximately $52,000. American National Bank & Trust acquired a new stake in Goldman Sachs Physical Gold ETF in the third quarter valued at approximately $55,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the 3rd quarter worth $65,000.

Goldman Sachs Physical Gold ETF Stock Performance

Shares of AAAU stock opened at $27.69 on Friday. The stock’s 50-day simple moving average is $26.39 and its 200-day simple moving average is $25.76. Goldman Sachs Physical Gold ETF has a fifty-two week low of $19.64 and a fifty-two week high of $27.85.

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.