Paladin Advisory Group LLC Trims Stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Paladin Advisory Group LLC decreased its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,925 shares of the company’s stock after selling 3,333 shares during the period. Goldman Sachs Physical Gold ETF comprises approximately 1.2% of Paladin Advisory Group LLC’s holdings, making the stock its 27th largest position. Paladin Advisory Group LLC owned about 0.21% of Goldman Sachs Physical Gold ETF worth $1,632,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Nikulski Financial Inc. bought a new position in Goldman Sachs Physical Gold ETF in the 4th quarter worth approximately $1,892,000. Exchange Traded Concepts LLC purchased a new stake in Goldman Sachs Physical Gold ETF in the 4th quarter worth $89,000. Janney Montgomery Scott LLC grew its position in shares of Goldman Sachs Physical Gold ETF by 12.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 27,045 shares of the company’s stock valued at $701,000 after purchasing an additional 3,083 shares in the last quarter. Moulton Wealth Management Inc. increased its holdings in shares of Goldman Sachs Physical Gold ETF by 41.9% in the fourth quarter. Moulton Wealth Management Inc. now owns 188,317 shares of the company’s stock worth $4,884,000 after purchasing an additional 55,637 shares during the last quarter. Finally, Cambridge Advisors Inc. lifted its position in shares of Goldman Sachs Physical Gold ETF by 20.5% in the fourth quarter. Cambridge Advisors Inc. now owns 88,613 shares of the company’s stock worth $2,298,000 after buying an additional 15,085 shares in the last quarter.

Goldman Sachs Physical Gold ETF Stock Down 0.3 %

Shares of AAAU opened at $27.27 on Wednesday. The business’s 50 day simple moving average is $26.32 and its 200-day simple moving average is $25.71. Goldman Sachs Physical Gold ETF has a 1 year low of $19.64 and a 1 year high of $27.59.

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.