Waverly Advisors LLC Buys Shares of 31,832 Goldman Sachs Physical Gold ETF $AAAU

Waverly Advisors LLC bought a new position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 31,832 shares of the company’s stock, valued at approximately $1,470,000. Waverly Advisors LLC owned about 0.05% of Goldman Sachs Physical Gold ETF at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. GGM Financials LLC acquired a new position in Goldman Sachs Physical Gold ETF during the fourth quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Goldman Sachs Physical Gold ETF in the third quarter worth $34,000. Larson Financial Group LLC bought a new position in shares of Goldman Sachs Physical Gold ETF during the third quarter worth $38,000. Darwin Wealth Management LLC bought a new position in shares of Goldman Sachs Physical Gold ETF during the second quarter worth $67,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of Goldman Sachs Physical Gold ETF by 14.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,830 shares of the company’s stock worth $78,000 after purchasing an additional 230 shares in the last quarter.

Goldman Sachs Physical Gold ETF Price Performance

Shares of AAAU stock opened at $39.93 on Friday. Goldman Sachs Physical Gold ETF has a 12-month low of $32.47 and a 12-month high of $54.71. The firm has a fifty day moving average of $41.24 and a 200-day moving average of $45.37.

Goldman Sachs Physical Gold ETF News Summary

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

• Positive Sentiment: Strong central-bank gold purchases in the second quarter, along with resilient Asian demand, support the longer-term investment case for physical gold and AAAU. World Gold Council Reports Strong Central Bank Buying
• Positive Sentiment: Analysts increasingly view gold near $4,000 an ounce as an attractive value area, suggesting potential downside support for AAAU if prices remain above that level. Gold Has Value at $4,000
• Neutral Sentiment: Gold remains range-bound, broadly consolidating between $4,000 and $4,200 while investors await clearer signals on interest rates and Middle East developments. This limits near-term directional momentum for the ETF. Gold Weekly Price Analysis
• Negative Sentiment: Long-term Treasury yields reached levels not seen since 2007, increasing the opportunity cost of holding gold and pressuring spot prices. Gold Pulls Back as Treasury Yields Rise
• Negative Sentiment: Improved U.S. consumer sentiment and easing near-term inflation expectations reinforced the possibility that the Fed can keep rates higher for longer. Gold subsequently moved near session lows below $4,030, contributing to AAAU’s weakness. Spot Gold Near Session Lows
• Negative Sentiment: The Fed’s recent rate hold was characterized as hawkish, while firm yields and a resilient labor market continue to reduce expectations for imminent monetary easing. Fed’s Hawkish Hold

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.