Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Reaches New 12-Month High – Should You Buy?

Goldman Sachs Physical Gold ETF (NYSEARCA:AAAUGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $43.71 and last traded at $43.71, with a volume of 166625 shares traded. The stock had previously closed at $42.82.

Trending Headlines about Goldman Sachs Physical Gold ETF

Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:

Goldman Sachs Physical Gold ETF Stock Down 0.3%

The business’s 50 day moving average price is $41.07 and its 200 day moving average price is $36.84.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AAAU. Strait & Sound Wealth Management LLC increased its stake in shares of Goldman Sachs Physical Gold ETF by 1.5% in the 3rd quarter. Strait & Sound Wealth Management LLC now owns 18,006 shares of the company’s stock worth $686,000 after purchasing an additional 268 shares in the last quarter. Lcnb Corp raised its holdings in Goldman Sachs Physical Gold ETF by 2.8% in the 3rd quarter. Lcnb Corp now owns 10,539 shares of the company’s stock worth $402,000 after purchasing an additional 287 shares during the period. Cerity Partners LLC increased its position in Goldman Sachs Physical Gold ETF by 0.3% in the second quarter. Cerity Partners LLC now owns 113,484 shares of the company’s stock worth $3,709,000 after buying an additional 348 shares in the last quarter. Grey Ledge Advisors LLC grew its stake in shares of Goldman Sachs Physical Gold ETF by 1.9% during the 3rd quarter. Grey Ledge Advisors LLC now owns 20,114 shares of the company’s stock valued at $767,000 after acquiring an additional 370 shares during the period. Finally, SLT Holdings LLC boosted its position in shares of Goldman Sachs Physical Gold ETF by 2.6% in the third quarter. SLT Holdings LLC now owns 15,663 shares of the company’s stock worth $597,000 after purchasing an additional 400 shares during the period.

Goldman Sachs Physical Gold ETF Company Profile

(Get Free Report)

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.

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