Kanawha Capital Management LLC Buys New Position in Goldman Sachs Physical Gold ETF $AAAU

Kanawha Capital Management LLC bought a new stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 11,495 shares of the company’s stock, valued at approximately $438,000.

Several other hedge funds also recently modified their holdings of AAAU. Quadrature Capital Ltd acquired a new position in shares of Goldman Sachs Physical Gold ETF in the second quarter valued at approximately $30,082,000. Raymond James Financial Inc. boosted its position in Goldman Sachs Physical Gold ETF by 3.5% during the second quarter. Raymond James Financial Inc. now owns 676,500 shares of the company’s stock worth $22,108,000 after acquiring an additional 22,937 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Goldman Sachs Physical Gold ETF by 29.7% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 458,600 shares of the company’s stock worth $14,987,000 after acquiring an additional 105,000 shares during the period. Sonoma Allocations LLC acquired a new position in Goldman Sachs Physical Gold ETF in the 3rd quarter valued at $12,454,000. Finally, Colton Groome Financial Advisors LLC lifted its stake in shares of Goldman Sachs Physical Gold ETF by 9.8% during the 3rd quarter. Colton Groome Financial Advisors LLC now owns 276,578 shares of the company’s stock worth $10,543,000 after purchasing an additional 24,655 shares during the period.

Goldman Sachs Physical Gold ETF News Roundup

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

• Positive Sentiment: Broad safe-haven buying has pushed gold toward record highs, lifting physical-gold ETFs like AAAU as investors seek a dollar/market hedge. Gold News: Fresh All-Time High
• Positive Sentiment: Goldman Sachs raised its end‑2026 gold forecast to $5,400/oz, a high-profile bank call that can drive further inflows into physical-gold vehicles such as AAAU. Goldman Sachs raises 2026 forecast
• Positive Sentiment: ETF-focused coverage highlights AAAU as a direct way to capture record-high metal prices, which can boost demand for the fund from investors seeking pure gold exposure. Gold ETF AAAU Offers Exposure to Record Highs
• Neutral Sentiment: New product activity (e.g., an ETF that blends gold, other metals and digital assets) could attract some flows away from single‑asset gold ETFs, though impact on AAAU is uncertain short term. Bitwise/Proficio new ETF
• Neutral Sentiment: Industry capacity moves (MKS PAMP planning U.S. expansion) reflect rising demand dynamics for physical gold, but longer-term effects on price and ETF flows are mixed. MKS PAMP U.S. expansion
• Negative Sentiment: Some analysts warn silver’s explosive move may be a blow‑off top and that metals could see sharp corrections (30%–50% in extreme scenarios), which would pressure correlated bullion ETFs including AAAU during a broad pullback. Silver Price Outlook – Triple Digits
• Negative Sentiment: Easing geopolitical headlines (which reduce immediate safe-haven demand) and intermittent profit-taking can trigger short-term pullbacks in gold and in physical-gold ETFs like AAAU. Gold Falls Amid Easing Tensions

Goldman Sachs Physical Gold ETF Stock Performance

AAAU stock opened at $49.13 on Monday. Goldman Sachs Physical Gold ETF has a 52-week low of $27.00 and a 52-week high of $49.24. The stock’s fifty day simple moving average is $43.13 and its 200-day simple moving average is $38.75.

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.