Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Sets New 52-Week High at $26.01

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

Goldman Sachs Physical Gold ETF Trading Up 0.4 %

The business has a fifty day moving average price of $24.50 and a 200 day moving average price of $23.44.

Institutional Trading of Goldman Sachs Physical Gold ETF

Large investors have recently made changes to their positions in the company. Virtu Financial LLC raised its holdings in Goldman Sachs Physical Gold ETF by 87.7% in the 4th quarter. Virtu Financial LLC now owns 64,417 shares of the company’s stock valued at $1,316,000 after acquiring an additional 30,102 shares during the period. Global Assets Advisory LLC bought a new position in Goldman Sachs Physical Gold ETF in the 1st quarter valued at approximately $2,099,000. Aveo Capital Partners LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF during the fourth quarter worth $1,385,000. Cetera Investment Advisers raised its position in shares of Goldman Sachs Physical Gold ETF by 277.9% during the first quarter. Cetera Investment Advisers now owns 268,026 shares of the company’s stock worth $5,894,000 after acquiring an additional 197,101 shares during the last quarter. Finally, Brookstone Capital Management acquired a new position in shares of Goldman Sachs Physical Gold ETF in the 2nd quarter worth approximately $443,000.

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.