Retirement Guys Formula LLC lowered its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Free Report) by 59.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 82,560 shares of the company’s stock after selling 119,282 shares during the period. Goldman Sachs Physical Gold ETF accounts for about 1.6% of Retirement Guys Formula LLC’s holdings, making the stock its 12th biggest holding. Retirement Guys Formula LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $3,513,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. bought a new position in Goldman Sachs Physical Gold ETF in the third quarter valued at approximately $34,000. Anfield Capital Management LLC bought a new position in Goldman Sachs Physical Gold ETF in the third quarter valued at approximately $36,000. Larson Financial Group LLC bought a new position in Goldman Sachs Physical Gold ETF in the third quarter valued at approximately $38,000. Beacon Capital Management Inc. bought a new position in Goldman Sachs Physical Gold ETF in the second quarter valued at approximately $43,000. Finally, Darwin Wealth Management LLC acquired a new position in Goldman Sachs Physical Gold ETF during the 2nd quarter worth approximately $67,000.
Goldman Sachs Physical Gold ETF Price Performance
NYSEARCA:AAAU opened at $46.95 on Monday. Goldman Sachs Physical Gold ETF has a twelve month low of $31.27 and a twelve month high of $54.71. The business has a 50 day moving average price of $48.34 and a two-hundred day moving average price of $44.37.
Trending Headlines about Goldman Sachs Physical Gold ETF
- Positive Sentiment: Central banks kept buying heavily in March, removing supply and providing structural support for gold demand. Central banks snap up cheap gold in March
- Positive Sentiment: Softer-than-expected U.S. CPI and other weak U.S. data have supported gold via lower real yields and increased rate-cut betting, a tailwind for AAAU. Gold prices jump as US CPI rises 0.9% in March but comes less than expected
- Positive Sentiment: Technicals and analyst calls point to further upside if key resistance breaks — analysts highlight ascending-triangle patterns and targets toward the $4,800–$5,000 area. Gold forms ascending triangle – bulls eye $4,855
- Neutral Sentiment: Markets remain volatile and intra-day levels are important for traders; active technical trading could amplify moves in either direction. Gold market analysis for April 10
- Neutral Sentiment: Some strategists caution gold should be viewed as an investment asset rather than a universal hedge, a viewpoint that may temper some flows into physical-gold ETFs. ‘Gold is not a very good hedge’ – JP Morgan
- Negative Sentiment: Ceasefire developments in the Middle East are fragile; any easing of safe‑haven demand can quickly cap gold’s upside and pressure AAAU. Gold extends three-week rally, but fragile ceasefire and inflation risks cap upside
- Negative Sentiment: Rising oil and lingering inflation concerns could keep real yields elevated and constrain gains despite weaker CPI prints, adding risk of pullbacks. Gold edges lower amid lingering inflation concerns
- Negative Sentiment: Near-term technical corrections and profit-taking have been observed after recent rallies, increasing the chance of short-term weakness for AAAU. Gold edges lower on likely technical correction
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.
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