Goldman Sachs Physical Gold ETF $AAAU Shares Acquired by MGO One Seven LLC

MGO One Seven LLC increased its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 34.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 152,201 shares of the company’s stock after purchasing an additional 39,044 shares during the quarter. MGO One Seven LLC owned 0.25% of Goldman Sachs Physical Gold ETF worth $6,476,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of AAAU. Lcnb Corp lifted its position in Goldman Sachs Physical Gold ETF by 2.8% during the third quarter. Lcnb Corp now owns 10,539 shares of the company’s stock valued at $402,000 after buying an additional 287 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of Goldman Sachs Physical Gold ETF by 3.3% in the fourth quarter. Sanctuary Advisors LLC now owns 9,254 shares of the company’s stock worth $394,000 after acquiring an additional 299 shares in the last quarter. PKS Advisory Services LLC increased its position in shares of Goldman Sachs Physical Gold ETF by 4.3% in the fourth quarter. PKS Advisory Services LLC now owns 7,228 shares of the company’s stock worth $308,000 after acquiring an additional 300 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Goldman Sachs Physical Gold ETF by 0.3% in the 2nd quarter. Cerity Partners LLC now owns 113,484 shares of the company’s stock valued at $3,709,000 after acquiring an additional 348 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of Goldman Sachs Physical Gold ETF by 7.1% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 8,468 shares of the company’s stock valued at $360,000 after acquiring an additional 565 shares in the last quarter.

Goldman Sachs Physical Gold ETF Stock Up 0.5%

Shares of Goldman Sachs Physical Gold ETF stock opened at $46.60 on Friday. Goldman Sachs Physical Gold ETF has a twelve month low of $31.27 and a twelve month high of $54.71. The company has a fifty day moving average price of $47.39 and a 200 day moving average price of $45.22.

More Goldman Sachs Physical Gold ETF News

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

• Positive Sentiment: Gold moved higher as falling Treasury yields improved the appeal of non-yielding assets like gold, supporting the ETF. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields
• Positive Sentiment: Spot gold hit a session high after consumer sentiment dropped and inflation expectations eased, reinforcing demand for gold as a defensive asset. Spot gold hits session high after preliminary Consumer Sentiment drops to 48.2, one-year inflation expectations dip to 4.5%
• Positive Sentiment: Gold and silver extended gains after payrolls beat forecasts, with investors interpreting the data as still compatible with support for precious metals. Gold, silver extend gains as payrolls beat forecasts – Kitco AM Report
• Positive Sentiment: Gold caught a bid after April U.S. job creation came in at 115k, adding to expectations that economic uncertainty could keep support under bullion. Gold prices catch a solid bid after U.S. economy created 115k jobs in April
• Positive Sentiment: Central banks, including China, continued buying gold on dips, a sign of persistent institutional demand that supports the metal’s price. China and other central banks continue to buy the dip in gold
• Neutral Sentiment: Analysts said weakness in gold stocks and stronger producer cash flow could create M&A opportunities, which is more relevant to miners than to this physical gold ETF. Gold stock weakness may create M&A openings as producer cash flow rises – John Feneck
• Neutral Sentiment: Gold also drew safe-haven support from U.S.-Iran tensions and headlines around peace talks, but those geopolitical swings have been choppy and not clearly one-directional. Gold Rises on Signs of Ongoing U.S.-Iran Tensions
• Negative Sentiment: Some commentary noted gold’s rally fading when oil rebounded and Treasury yields turned higher, which could pressure AAAU if rates keep rising. Gold News: Gold Rally Fades as Oil Rebounds and Treasury Yields Turn Higher

About Goldman Sachs Physical Gold ETF

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.