Regal Investment Advisors LLC Decreases Stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Regal Investment Advisors LLC reduced its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 3.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 66,627 shares of the company’s stock after selling 2,577 shares during the quarter. Regal Investment Advisors LLC owned about 0.22% of Goldman Sachs Physical Gold ETF worth $1,533,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Oliver Lagore Vanvalin Investment Group raised its position in shares of Goldman Sachs Physical Gold ETF by 38.1% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 489,472 shares of the company’s stock valued at $11,260,000 after purchasing an additional 135,128 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of Goldman Sachs Physical Gold ETF in the 2nd quarter valued at approximately $1,032,000. Axxcess Wealth Management LLC raised its position in shares of Goldman Sachs Physical Gold ETF by 2.4% in the 2nd quarter. Axxcess Wealth Management LLC now owns 112,888 shares of the company’s stock valued at $2,597,000 after purchasing an additional 2,606 shares during the last quarter. ICA Group Wealth Management LLC purchased a new position in shares of Goldman Sachs Physical Gold ETF in the 2nd quarter valued at approximately $35,000. Finally, Essex Financial Services Inc. acquired a new position in Goldman Sachs Physical Gold ETF in the 2nd quarter worth approximately $1,694,000.

Goldman Sachs Physical Gold ETF Stock Performance

Shares of NYSEARCA AAAU opened at $26.03 on Tuesday. Goldman Sachs Physical Gold ETF has a 12 month low of $17.97 and a 12 month high of $26.48. The company has a 50 day simple moving average of $24.76 and a two-hundred day simple moving average of $23.65.

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.