Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Free Report) by 32.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 147,000 shares of the company’s stock after buying an additional 36,000 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.49% of Goldman Sachs Physical Gold ETF worth $3,856,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ICA Group Wealth Management LLC purchased a new stake in Goldman Sachs Physical Gold ETF in the 2nd quarter worth approximately $35,000. American National Bank & Trust acquired a new position in Goldman Sachs Physical Gold ETF in the third quarter valued at $55,000. International Assets Investment Management LLC acquired a new position in Goldman Sachs Physical Gold ETF in the second quarter valued at $194,000. Fortis Group Advisors LLC purchased a new position in Goldman Sachs Physical Gold ETF during the third quarter worth about $210,000. Finally, SpiderRock Advisors LLC acquired a new stake in Goldman Sachs Physical Gold ETF in the 1st quarter worth about $243,000.
Goldman Sachs Physical Gold ETF Price Performance
AAAU opened at $27.42 on Wednesday. Goldman Sachs Physical Gold ETF has a 1 year low of $19.15 and a 1 year high of $27.43. The company’s 50 day simple moving average is $25.80 and its 200 day simple moving average is $24.28.
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.
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