Alerus Financial NA lowered its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Free Report) by 27.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 385,684 shares of the company’s stock after selling 142,544 shares during the period. Goldman Sachs Physical Gold ETF comprises 0.8% of Alerus Financial NA’s portfolio, making the stock its 22nd largest holding. Alerus Financial NA owned approximately 1.28% of Goldman Sachs Physical Gold ETF worth $10,003,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Private Trust Co. NA acquired a new position in shares of Goldman Sachs Physical Gold ETF in the 3rd quarter worth approximately $34,000. Truvestments Capital LLC acquired a new position in Goldman Sachs Physical Gold ETF in the third quarter valued at approximately $48,000. JPMorgan Chase & Co. acquired a new stake in shares of Goldman Sachs Physical Gold ETF during the third quarter worth $52,000. Compass Financial Services Inc acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the 4th quarter valued at approximately $55,000. Finally, Exchange Traded Concepts LLC bought a new position in shares of Goldman Sachs Physical Gold ETF during the fourth quarter worth $89,000.
Goldman Sachs Physical Gold ETF Trading Up 1.3 %
Shares of AAAU opened at $30.22 on Friday. Goldman Sachs Physical Gold ETF has a 52-week low of $21.80 and a 52-week high of $30.29. The stock has a 50 day simple moving average of $28.60 and a 200 day simple moving average of $27.03.
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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