Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Sets New 12-Month High at $26.01

Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) shares reached a new 52-week high on Monday . The company traded as high as $26.01 and last traded at $26.00, with a volume of 42165 shares traded. The stock had previously closed at $25.92.

Goldman Sachs Physical Gold ETF Stock Up 0.4 %

The stock has a fifty day moving average price of $24.50 and a two-hundred day moving average price of $23.44.

Institutional Investors Weigh In On Goldman Sachs Physical Gold ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its position in Goldman Sachs Physical Gold ETF by 1,674.0% in the 1st quarter. Jane Street Group LLC now owns 2,178,487 shares of the company’s stock worth $47,905,000 after buying an additional 2,055,683 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in Goldman Sachs Physical Gold ETF by 60.7% in the second quarter. Proficio Capital Partners LLC now owns 691,106 shares of the company’s stock worth $15,899,000 after purchasing an additional 260,970 shares during the period. Oliver Lagore Vanvalin Investment Group increased its position in Goldman Sachs Physical Gold ETF by 38.1% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 489,472 shares of the company’s stock valued at $11,260,000 after buying an additional 135,128 shares in the last quarter. Osborne Partners Capital Management LLC raised its position in shares of Goldman Sachs Physical Gold ETF by 6.3% in the 1st quarter. Osborne Partners Capital Management LLC now owns 318,736 shares of the company’s stock worth $7,009,000 after purchasing an additional 18,760 shares during the last quarter. Finally, Cetera Advisor Networks LLC lifted its stake in shares of Goldman Sachs Physical Gold ETF by 1.0% in the fourth quarter. Cetera Advisor Networks LLC now owns 268,335 shares of the company’s stock worth $5,483,000 after buying an additional 2,677 shares in the last quarter.

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.