Moulton Wealth Management Inc. Raises Holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Moulton Wealth Management Inc. raised its stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 21.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 229,423 shares of the company’s stock after purchasing an additional 41,106 shares during the period. Goldman Sachs Physical Gold ETF accounts for about 5.4% of Moulton Wealth Management Inc.’s portfolio, making the stock its 6th biggest position. Moulton Wealth Management Inc. owned about 0.54% of Goldman Sachs Physical Gold ETF worth $7,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Sunbelt Securities Inc. purchased a new position in shares of Goldman Sachs Physical Gold ETF during the 4th quarter worth about $40,000. Ameriflex Group Inc. bought a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter worth about $57,000. Compass Financial Services Inc purchased a new position in shares of Goldman Sachs Physical Gold ETF during the fourth quarter valued at approximately $55,000. US Bancorp DE grew its stake in shares of Goldman Sachs Physical Gold ETF by 34.3% during the fourth quarter. US Bancorp DE now owns 5,559 shares of the company’s stock valued at $144,000 after buying an additional 1,420 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Goldman Sachs Physical Gold ETF during the fourth quarter valued at approximately $201,000.

Goldman Sachs Physical Gold ETF Trading Down 1.3%

Shares of NYSEARCA AAAU opened at $32.72 on Friday. Goldman Sachs Physical Gold ETF has a fifty-two week low of $22.64 and a fifty-two week high of $34.04. The business’s 50 day moving average price is $32.22 and its 200-day moving average price is $29.21.

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.