MGO One Seven LLC decreased its stake in Goldman Sachs Physical Gold ETF (BATS:AAAU – Free Report) by 62.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,366 shares of the company’s stock after selling 68,489 shares during the quarter. MGO One Seven LLC owned about 0.07% of Goldman Sachs Physical Gold ETF worth $1,694,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. NEOS Investment Management LLC raised its holdings in Goldman Sachs Physical Gold ETF by 38.6% during the 2nd quarter. NEOS Investment Management LLC now owns 2,734,560 shares of the company’s stock valued at $108,207,000 after buying an additional 761,400 shares during the period. Waverly Advisors LLC bought a new position in Goldman Sachs Physical Gold ETF during the first quarter valued at $1,470,000. Moulton Wealth Management Inc. increased its position in Goldman Sachs Physical Gold ETF by 44.6% during the third quarter. Moulton Wealth Management Inc. now owns 99,027 shares of the company’s stock valued at $4,075,000 after acquiring an additional 30,544 shares during the last quarter. Ipsen Advisor Group LLC bought a new position in Goldman Sachs Physical Gold ETF during the first quarter valued at $1,197,000. Finally, Capstone Wealth Management Group LLC raised its stake in shares of Goldman Sachs Physical Gold ETF by 47.1% in the first quarter. Capstone Wealth Management Group LLC now owns 69,044 shares of the company’s stock valued at $3,189,000 after acquiring an additional 22,097 shares during the period.
Goldman Sachs Physical Gold ETF Stock Performance
Goldman Sachs Physical Gold ETF stock opened at $40.04 on Thursday. The firm has a 50-day moving average price of $41.59 and a 200-day moving average price of $44.27. Goldman Sachs Physical Gold ETF has a 12-month low of $38.14 and a 12-month high of $54.71.
More Goldman Sachs Physical Gold ETF News
Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:
- Positive Sentiment: Gold’s move back above $4,000, supported by the weaker dollar and lower yields, is a near-term tailwind for AAAU. Separately, central-bank gold purchases accelerated in the third quarter, while overall demand remained near record levels—potential longer-term support for prices.Kitco PM report on gold climbing above $4,000 Wall Street Journal report on central-bank gold buying
- Neutral Sentiment: Gold was flat in early Asian trading after its midterm-linked rebound. The pause tempers the immediate momentum but does not erase the earlier gains supporting the ETF.Wall Street Journal report on gold trading flat
- Negative Sentiment: The recovery may be vulnerable: analysts noted that recent technical damage remains, and resilient U.S. activity, persistent inflation, rising real yields, and upcoming jobs data could renew selling pressure on gold.FXEmpire outlook on gold ahead of the jobs report
Goldman Sachs Physical Gold ETF Company 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.
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