Shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $28.14 and last traded at $28.13, with a volume of 1338198 shares changing hands. The stock had previously closed at $27.85.
Goldman Sachs Physical Gold ETF Price Performance
The business has a 50-day simple moving average of $26.51 and a 200-day simple moving average of $25.86.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Proficio Capital Partners LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 1,478.7% during the 4th quarter. Proficio Capital Partners LLC now owns 10,910,736 shares of the company’s stock worth $283,024,000 after purchasing an additional 10,219,630 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Goldman Sachs Physical Gold ETF during the 4th quarter worth about $16,500,000. Raymond James & Associates boosted its position in shares of Goldman Sachs Physical Gold ETF by 106.5% during the 3rd quarter. Raymond James & Associates now owns 436,765 shares of the company’s stock worth $11,367,000 after acquiring an additional 225,226 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of Goldman Sachs Physical Gold ETF in the 3rd quarter valued at about $8,712,000. Finally, International Assets Investment Management LLC increased its holdings in shares of Goldman Sachs Physical Gold ETF by 3,771.3% in the 3rd quarter. International Assets Investment Management LLC now owns 325,963 shares of the company’s stock valued at $84,850,000 after acquiring an additional 317,543 shares during the last quarter.
About Goldman Sachs Physical Gold ETF
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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