EverSource Wealth Advisors LLC Has $1.50 Million Holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

EverSource Wealth Advisors LLC boosted its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 38.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,920 shares of the company’s stock after purchasing an additional 16,120 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.19% of Goldman Sachs Physical Gold ETF worth $1,502,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Proficio Capital Partners LLC grew its position in Goldman Sachs Physical Gold ETF by 1,478.7% in the fourth quarter. Proficio Capital Partners LLC now owns 10,910,736 shares of the company’s stock valued at $283,024,000 after acquiring an additional 10,219,630 shares during the last quarter. Raymond James Financial Inc. bought a new position in Goldman Sachs Physical Gold ETF in the fourth quarter valued at about $16,500,000. Quadrature Capital Ltd bought a new position in Goldman Sachs Physical Gold ETF in the third quarter valued at about $8,712,000. Mirae Asset Global Investments Co. Ltd. grew its position in Goldman Sachs Physical Gold ETF by 58.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 233,500 shares of the company’s stock valued at $6,017,000 after acquiring an additional 86,500 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in Goldman Sachs Physical Gold ETF by 191.6% in the third quarter. HighTower Advisors LLC now owns 195,281 shares of the company’s stock valued at $5,081,000 after acquiring an additional 128,312 shares during the last quarter.

Goldman Sachs Physical Gold ETF Stock Performance

NYSEARCA:AAAU opened at $28.98 on Thursday. The stock’s 50-day moving average is $27.84 and its 200-day moving average is $26.66. Goldman Sachs Physical Gold ETF has a 1-year low of $21.27 and a 1-year high of $29.32.

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.