Raymond James Financial Inc. Invests $16.50 Million in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Raymond James Financial Inc. purchased a new position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 636,194 shares of the company’s stock, valued at approximately $16,500,000. Raymond James Financial Inc. owned approximately 2.11% of Goldman Sachs Physical Gold ETF at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. CWA Asset Management Group LLC raised its position in Goldman Sachs Physical Gold ETF by 3.1% during the fourth quarter. CWA Asset Management Group LLC now owns 19,219 shares of the company’s stock valued at $498,000 after acquiring an additional 575 shares in the last quarter. S.A. Mason LLC raised its position in Goldman Sachs Physical Gold ETF by 14.2% during the fourth quarter. S.A. Mason LLC now owns 8,040 shares of the company’s stock valued at $209,000 after acquiring an additional 1,000 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in Goldman Sachs Physical Gold ETF by 13.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 9,246 shares of the company’s stock valued at $240,000 after acquiring an additional 1,105 shares in the last quarter. D.A. Davidson & CO. raised its position in Goldman Sachs Physical Gold ETF by 3.8% during the fourth quarter. D.A. Davidson & CO. now owns 34,010 shares of the company’s stock valued at $882,000 after acquiring an additional 1,234 shares in the last quarter. Finally, Private Trust Co. NA bought a new position in Goldman Sachs Physical Gold ETF during the third quarter valued at approximately $34,000.

Goldman Sachs Physical Gold ETF Stock Up 0.5 %

Shares of AAAU opened at $29.66 on Tuesday. The firm’s 50 day moving average price is $28.05 and its 200 day moving average price is $26.77. Goldman Sachs Physical Gold ETF has a twelve month low of $21.27 and a twelve month high of $29.67.

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.