Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Stock Position Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 12.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 27,045 shares of the company’s stock after buying an additional 3,083 shares during the period. Janney Montgomery Scott LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $701,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AAAU. Moulton Wealth Management Inc. raised its stake in shares of Goldman Sachs Physical Gold ETF by 41.9% in the 4th quarter. Moulton Wealth Management Inc. now owns 188,317 shares of the company’s stock worth $4,884,000 after buying an additional 55,637 shares in the last quarter. Cambridge Advisors Inc. grew its holdings in Goldman Sachs Physical Gold ETF by 20.5% during the fourth quarter. Cambridge Advisors Inc. now owns 88,613 shares of the company’s stock worth $2,298,000 after acquiring an additional 15,085 shares during the period. Winch Advisory Services LLC raised its position in Goldman Sachs Physical Gold ETF by 1.1% in the fourth quarter. Winch Advisory Services LLC now owns 149,558 shares of the company’s stock worth $3,879,000 after acquiring an additional 1,622 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in Goldman Sachs Physical Gold ETF by 13.6% in the 4th quarter. Harbor Capital Advisors Inc. now owns 9,246 shares of the company’s stock valued at $240,000 after acquiring an additional 1,105 shares during the last quarter. Finally, Capital Market Strategies LLC boosted its position in shares of Goldman Sachs Physical Gold ETF by 15.8% during the 4th quarter. Capital Market Strategies LLC now owns 28,435 shares of the company’s stock valued at $737,000 after purchasing an additional 3,885 shares in the last quarter.

Goldman Sachs Physical Gold ETF Stock Performance

Goldman Sachs Physical Gold ETF stock opened at $28.28 on Friday. Goldman Sachs Physical Gold ETF has a 1 year low of $19.64 and a 1 year high of $28.54. The firm’s 50 day moving average price is $26.56 and its two-hundred day moving average price is $25.87.

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.