Integrated Wealth Concepts LLC Invests $211,000 in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Integrated Wealth Concepts LLC acquired a new stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,130 shares of the company’s stock, valued at approximately $211,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new position in Goldman Sachs Physical Gold ETF during the third quarter worth $52,000. Compass Financial Services Inc purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the 4th quarter valued at approximately $55,000. Exchange Traded Concepts LLC acquired a new position in Goldman Sachs Physical Gold ETF in the fourth quarter valued at approximately $89,000. US Bancorp DE grew its position in Goldman Sachs Physical Gold ETF by 34.3% in the fourth quarter. US Bancorp DE now owns 5,559 shares of the company’s stock worth $144,000 after acquiring an additional 1,420 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter valued at $201,000.

Goldman Sachs Physical Gold ETF Stock Up 2.9 %

Shares of Goldman Sachs Physical Gold ETF stock opened at $32.89 on Tuesday. The business’s fifty day simple moving average is $30.69 and its 200-day simple moving average is $28.21. Goldman Sachs Physical Gold ETF has a 52 week low of $22.64 and a 52 week high of $34.04.

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.