Truist Financial Corp Lowers Stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Truist Financial Corp lessened its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 7.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,622 shares of the company’s stock after selling 1,298 shares during the period. Truist Financial Corp owned approximately 0.05% of Goldman Sachs Physical Gold ETF worth $405,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quadrature Capital Ltd purchased a new position in Goldman Sachs Physical Gold ETF in the 3rd quarter worth $8,712,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Goldman Sachs Physical Gold ETF by 58.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 233,500 shares of the company’s stock worth $6,017,000 after acquiring an additional 86,500 shares during the last quarter. HighTower Advisors LLC raised its stake in Goldman Sachs Physical Gold ETF by 191.6% in the 3rd quarter. HighTower Advisors LLC now owns 195,281 shares of the company’s stock worth $5,081,000 after acquiring an additional 128,312 shares during the last quarter. Moulton Wealth Management Inc. raised its stake in Goldman Sachs Physical Gold ETF by 41.9% in the 4th quarter. Moulton Wealth Management Inc. now owns 188,317 shares of the company’s stock worth $4,884,000 after acquiring an additional 55,637 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in Goldman Sachs Physical Gold ETF by 65.5% in the 3rd quarter. Stifel Financial Corp now owns 169,055 shares of the company’s stock worth $4,400,000 after acquiring an additional 66,889 shares during the last quarter.

Goldman Sachs Physical Gold ETF Stock Performance

Shares of AAAU stock opened at $28.84 on Wednesday. The business has a fifty day moving average of $27.49 and a 200 day moving average of $26.50. Goldman Sachs Physical Gold ETF has a 1 year low of $21.02 and a 1 year high of $29.32.

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.