GoalVest Advisory LLC Makes New Investment in Goldman Sachs Physical Gold ETF $AAAU

GoalVest Advisory LLC purchased a new position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the second quarter, Holdings Channel reports. The fund purchased 67,620 shares of the company’s stock, valued at approximately $2,210,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Riverwater Partners LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 47.8% in the second quarter. Riverwater Partners LLC now owns 50,138 shares of the company’s stock worth $1,639,000 after buying an additional 16,223 shares during the last quarter. Strait & Sound Wealth Management LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 41.5% in the second quarter. Strait & Sound Wealth Management LLC now owns 17,738 shares of the company’s stock worth $580,000 after buying an additional 5,199 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF during the 2nd quarter worth about $242,000. Drive Wealth Management LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF during the 2nd quarter worth about $523,000. Finally, Primoris Wealth Advisors LLC bought a new stake in Goldman Sachs Physical Gold ETF during the 2nd quarter valued at approximately $524,000.

Goldman Sachs Physical Gold ETF Stock Performance

Shares of NYSEARCA:AAAU opened at $40.52 on Monday. The business has a 50 day moving average price of $37.09 and a 200 day moving average price of $34.33. Goldman Sachs Physical Gold ETF has a twelve month low of $25.28 and a twelve month high of $43.26.

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.