Osborne Partners Capital Management LLC Decreases Position in Goldman Sachs Physical Gold ETF $AAAU

Osborne Partners Capital Management LLC trimmed its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 38.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 172,340 shares of the company’s stock after selling 109,182 shares during the period. Osborne Partners Capital Management LLC owned approximately 0.27% of Goldman Sachs Physical Gold ETF worth $7,960,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capstone Wealth Management Group LLC purchased a new stake in Goldman Sachs Physical Gold ETF during the 1st quarter valued at $2,894,000. Integrated Wealth Concepts LLC lifted its position in Goldman Sachs Physical Gold ETF by 17.9% in the first quarter. Integrated Wealth Concepts LLC now owns 9,583 shares of the company’s stock worth $296,000 after buying an additional 1,453 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Goldman Sachs Physical Gold ETF by 52.9% during the second quarter. JPMorgan Chase & Co. now owns 73,967 shares of the company’s stock worth $2,417,000 after buying an additional 25,585 shares during the period. Cerity Partners LLC boosted its stake in Goldman Sachs Physical Gold ETF by 0.3% during 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 during the period. Finally, Darwin Wealth Management LLC purchased a new position in Goldman Sachs Physical Gold ETF during the second quarter worth $67,000.

Key Goldman Sachs Physical Gold ETF News

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

• Positive Sentiment: Gold prices surged after the weaker-than-expected U.S. employment report, lifting demand for precious metals and boosting gold-linked ETFs like AAAU. Gold and silver rally as NFP miss dents Fed-hike bets – Kitco AM Report
• Positive Sentiment: Investors scaled back Fed rate-hike bets after the jobs miss, a favorable backdrop for non-yielding assets such as gold. Gold prices set for first weekly rise in a month as investors scale back Fed rate hike bets
• Positive Sentiment: Central bank buying remains strong, with the World Gold Council reporting net purchases in May, reinforcing structural demand for gold. Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council
• Positive Sentiment: HSBC and State Street both pointed to further upside for gold into year-end and early 2027, citing diversification demand, central bank buying, and ETF inflows. ‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku
• Neutral Sentiment: Technical commentary says gold has stabilized above short-term trendline support, which suggests the recent rebound may have room to continue if momentum holds. Gold (XAU/USD) Price Forecast: Above Trendline Signals Recovery

Goldman Sachs Physical Gold ETF Stock Performance

AAAU stock opened at $40.63 on Friday. Goldman Sachs Physical Gold ETF has a twelve month low of $32.27 and a twelve month high of $54.71. The firm’s fifty day simple moving average is $43.45 and its two-hundred day simple moving average is $45.84.

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.