Wellspring Financial Advisors LLC Acquires 92,675 Shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Wellspring Financial Advisors LLC grew its holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 7.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,392,818 shares of the company’s stock after buying an additional 92,675 shares during the quarter. Goldman Sachs Physical Gold ETF makes up 0.6% of Wellspring Financial Advisors LLC’s portfolio, making the stock its 18th largest position. Wellspring Financial Advisors LLC owned 4.61% of Goldman Sachs Physical Gold ETF worth $36,123,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. acquired a new stake in Goldman Sachs Physical Gold ETF in the third quarter worth about $52,000. Compass Financial Services Inc bought a new position in shares of Goldman Sachs Physical Gold ETF in the 4th quarter valued at about $55,000. Exchange Traded Concepts LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF during the 4th quarter worth approximately $89,000. US Bancorp DE lifted its holdings in Goldman Sachs Physical Gold ETF by 34.3% in the fourth quarter. US Bancorp DE now owns 5,559 shares of the company’s stock valued at $144,000 after buying an additional 1,420 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in Goldman Sachs Physical Gold ETF in the fourth quarter valued at approximately $201,000.

Goldman Sachs Physical Gold ETF Trading Down 2.3 %

Shares of Goldman Sachs Physical Gold ETF stock opened at $29.99 on Monday. The firm has a fifty day moving average of $29.03 and a two-hundred day moving average of $27.29. Goldman Sachs Physical Gold ETF has a 52 week low of $22.55 and a 52 week high of $30.98.

Goldman Sachs Physical Gold ETF Company 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.