Exchange Traded Concepts LLC Raises Stock Holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Exchange Traded Concepts LLC grew its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 7,520.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 262,674 shares of the company’s stock after acquiring an additional 259,227 shares during the quarter. Exchange Traded Concepts LLC owned about 0.61% of Goldman Sachs Physical Gold ETF worth $8,111,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Proficio Capital Partners LLC lifted its position in shares of 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 in the last quarter. Wellspring Financial Advisors LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 7.1% in the fourth quarter. Wellspring Financial Advisors LLC now owns 1,392,818 shares of the company’s stock valued at $36,123,000 after acquiring an additional 92,675 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 7,165.2% in the fourth quarter. Jane Street Group LLC now owns 643,410 shares of the company’s stock valued at $16,687,000 after acquiring an additional 634,554 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Goldman Sachs Physical Gold ETF in the fourth quarter valued at $16,500,000. Finally, Fermata Advisors LLC purchased a new stake in shares of Goldman Sachs Physical Gold ETF in the first quarter valued at $9,671,000.

Goldman Sachs Physical Gold ETF Price Performance

Shares of NYSEARCA:AAAU opened at $33.91 on Monday. Goldman Sachs Physical Gold ETF has a 12-month low of $22.70 and a 12-month high of $34.05. The stock’s 50-day moving average price is $32.54 and its two-hundred day moving average price is $29.48.

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.