Walser Wealth Management Company A Ltd Liability Co Lowers Stock Holdings in Goldman Sachs Physical Gold ETF $AAAU

Walser Wealth Management Company A Ltd Liability Co cut its stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 40.7% during the first quarter, HoldingsChannel.com reports. The fund owned 36,288 shares of the company’s stock after selling 24,856 shares during the quarter. Goldman Sachs Physical Gold ETF makes up approximately 0.8% of Walser Wealth Management Company A Ltd Liability Co’s investment portfolio, making the stock its 22nd biggest holding. Walser Wealth Management Company A Ltd Liability Co’s holdings in Goldman Sachs Physical Gold ETF were worth $1,676,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of AAAU. J. Stern & Co. LLP grew its stake in Goldman Sachs Physical Gold ETF by 4,155.0% in the fourth quarter. J. Stern & Co. LLP now owns 902,486 shares of the company’s stock worth $38,401,000 after purchasing an additional 881,276 shares in the last quarter. CLG LLC purchased a new stake in shares of Goldman Sachs Physical Gold ETF in the 4th quarter worth $11,961,000. Exchange Traded Concepts LLC lifted its holdings in shares of Goldman Sachs Physical Gold ETF by 45.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 747,358 shares of the company’s stock worth $31,800,000 after buying an additional 234,778 shares during the period. Kestra Advisory Services LLC grew its position in shares of Goldman Sachs Physical Gold ETF by 263.6% during the 4th quarter. Kestra Advisory Services LLC now owns 283,778 shares of the company’s stock worth $12,075,000 after buying an additional 205,733 shares in the last quarter. Finally, Proficio Capital Partners LLC increased its stake in shares of Goldman Sachs Physical Gold ETF by 24.8% during the third quarter. Proficio Capital Partners LLC now owns 854,085 shares of the company’s stock valued at $32,558,000 after buying an additional 169,905 shares during the period.

Trending Headlines about Goldman Sachs Physical Gold ETF

Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:

• Positive Sentiment: Gold ETF demand is improving as weak jobs data, a softer dollar, and easing inflation/oil pressures strengthen the case for lower Fed rates, which is supportive for physical gold funds like AAAU. Gold ETFs Back in Focus as Weak Jobs Data, Softer Dollar Boost Bullion Rally
• Positive Sentiment: Gold continues to benefit from official-sector buying and constrained mine supply, with several analysts arguing the metal may have found a floor after its recent correction. Gold price may have found its floor as liquidation gives way to consolidation – Saxo Bank
• Neutral Sentiment: Gold is holding above key support around $4,100, but traders are fading part of the recent rally as Treasury yields and the U.S. dollar firm ahead of Fed minutes. Gold holds above $4,100 as Fed minutes, Hormuz risk lift yields – Kitco AM Report
• Neutral Sentiment: Short-term technical commentary says gold is still trying to establish a floor and faces heavy resistance near recent breakout levels, suggesting continued choppy trading for AAAU. Gold Price Analysis – Gold Clings to $4,000 Floor Facing Heavy Moving Average Resistance
• Negative Sentiment: Some reports say gold is still struggling to break through resistance near $4,200, while stronger U.S. services data and firmer market conditions could delay a sustained upside move. Gold price continues to struggle as U.S. ISM Services PMI falls 54

Goldman Sachs Physical Gold ETF Stock Performance

Shares of AAAU stock traded down $0.07 on Tuesday, hitting $40.97. The stock had a trading volume of 208,309 shares, compared to its average volume of 3,159,031. Goldman Sachs Physical Gold ETF has a one year low of $32.27 and a one year high of $54.71. The business has a 50 day moving average price of $43.45 and a 200 day moving average price of $45.86.

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.