Geneos Wealth Management Inc. reduced its position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Free Report) by 10.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 123,010 shares of the company’s stock after selling 14,527 shares during the period. Geneos Wealth Management Inc. owned about 0.20% of Goldman Sachs Physical Gold ETF worth $5,682,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AAAU. LPL Financial LLC grew its stake in Goldman Sachs Physical Gold ETF by 12.0% during the fourth quarter. LPL Financial LLC now owns 994,239 shares of the company’s stock worth $42,305,000 after buying an additional 106,855 shares during the last quarter. J. Stern & Co. LLP boosted its holdings in shares of Goldman Sachs Physical Gold ETF by 4,155.0% in the 4th quarter. J. Stern & Co. LLP now owns 902,486 shares of the company’s stock worth $38,401,000 after acquiring an additional 881,276 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in shares of Goldman Sachs Physical Gold ETF by 24.8% in the 3rd quarter. Proficio Capital Partners LLC now owns 854,085 shares of the company’s stock worth $32,558,000 after acquiring an additional 169,905 shares in the last quarter. Exchange Traded Concepts LLC grew its position in Goldman Sachs Physical Gold ETF by 45.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 747,358 shares of the company’s stock worth $31,800,000 after acquiring an additional 234,778 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in Goldman Sachs Physical Gold ETF by 7.8% during the 3rd quarter. Raymond James Financial Inc. now owns 729,373 shares of the company’s stock worth $27,804,000 after acquiring an additional 52,873 shares during the last quarter.
Trending Headlines about Goldman Sachs Physical Gold ETF
Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:
- Negative Sentiment: Gold prices fell as robust U.S. data, including stronger retail sales, jobless claims, and the Philadelphia Fed survey, reduced expectations for near-term Fed easing and lifted yields. Gold breaks $4,000 as yields rise, Fed-rate relief fades – Kitco PM Report
- Negative Sentiment: Technical analysts say gold is losing momentum after being rejected at resistance, with traders watching whether key support levels fail and trigger a deeper pullback. Gold (XAU/USD) Price Forecast: Will Gold Break Below Major Support Levels?
- Negative Sentiment: Bank of America said gold could still move lower in the near term, even though it views any dip as a potential buying opportunity. Gold prices can go lower, but Bank of America suggests buying the dip and averaging down
- Neutral Sentiment: Some strategists remain constructive on the longer-term gold trend, saying the recent pullback does not necessarily end the bull market and that investors may still look to add exposure on weakness. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
- Neutral Sentiment: Fidelity’s Samson said gold could regain favor in portfolios in 2027, but that view points to a longer-term thesis rather than an immediate catalyst for AAAU. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027
Goldman Sachs Physical Gold ETF Stock Down 1.9%
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.
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