Osborne Partners Capital Management LLC Reduces Position in Goldman Sachs Physical Gold ETF $AAAU

Osborne Partners Capital Management LLC decreased its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAUFree Report) by 38.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 172,340 shares of the company’s stock after selling 109,182 shares during the period. Osborne Partners Capital Management LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $7,960,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Private Advisor Group LLC lifted its stake in shares of Goldman Sachs Physical Gold ETF by 11.5% during the 1st quarter. Private Advisor Group LLC now owns 37,472 shares of the company’s stock worth $1,731,000 after acquiring an additional 3,872 shares during the last quarter. Platform Technology Partners bought a new position in Goldman Sachs Physical Gold ETF in the 1st quarter valued at $222,000. Tcfg Wealth Management LLC bought a new position in Goldman Sachs Physical Gold ETF in the 1st quarter valued at $348,000. Intrua Financial LLC increased its stake in Goldman Sachs Physical Gold ETF by 43.7% in the first quarter. Intrua Financial LLC now owns 28,445 shares of the company’s stock worth $1,314,000 after purchasing an additional 8,645 shares during the period. Finally, Spectrum Asset Management Inc. NB CA increased its stake in Goldman Sachs Physical Gold ETF by 9.1% in the first quarter. Spectrum Asset Management Inc. NB CA now owns 77,204 shares of the company’s stock worth $3,566,000 after purchasing an additional 6,418 shares during the period.

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Goldman Sachs Physical Gold ETF Stock Performance

NYSEARCA:AAAU opened at $40.63 on Friday. Goldman Sachs Physical Gold ETF has a twelve month low of $32.27 and a twelve month high of $54.71. The stock has a fifty day simple moving average of $43.45 and a 200-day simple moving average of $45.84.

Goldman Sachs Physical Gold ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

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