17,931 Goldman Sachs Physical Gold ETF $AAAU Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC cut its stake in shares of Goldman Sachs Physical Gold ETF (BATS:AAAU) by 37.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 29,326 shares of the company’s stock after selling 17,931 shares during the period. Kestra Private Wealth Services LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $1,201,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Integras Partners LLC purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the third quarter worth $286,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Goldman Sachs Physical Gold ETF in the 3rd quarter valued at about $26,194,000. Ipsen Advisor Group LLC lifted its stake in Goldman Sachs Physical Gold ETF by 6.3% in the 3rd quarter. Ipsen Advisor Group LLC now owns 29,595 shares of the company’s stock worth $1,212,000 after purchasing an additional 1,761 shares in the last quarter. Vise Technologies Inc. boosted its holdings in shares of Goldman Sachs Physical Gold ETF by 74.6% during the 3rd quarter. Vise Technologies Inc. now owns 13,428 shares of the company’s stock worth $550,000 after purchasing an additional 5,737 shares during the last quarter. Finally, Soltis Investment Advisors LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF during the 3rd quarter worth approximately $423,000.

Goldman Sachs Physical Gold ETF Price Performance

Shares of AAAU stock traded down $0.32 during trading hours on Friday, reaching $40.06. The company had a trading volume of 1,345,127 shares, compared to its average volume of 2,436,397. The stock has a fifty day moving average of $41.39 and a 200-day moving average of $44.21. Goldman Sachs Physical Gold ETF has a 12-month low of $38.14 and a 12-month high of $54.71.

Key Headlines Impacting Goldman Sachs Physical Gold ETF

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

• Positive Sentiment: The midterm results helped gold rebound above $4,000 an ounce. One market commentator said prospective government spending could weaken the dollar, potentially supporting gold. Dems’ spending plans could weaken the dollar and support gold
• Positive Sentiment: Gold’s technical breakout may signal the correction is ending, though the latest pullback will test whether former resistance can hold as support. Gold breakout signals potential end to correction
• Neutral Sentiment: Gold’s direction remains sensitive to Federal Reserve policy and presidential decisions; traders are watching for guidance on the Fed’s next move in December. Gold and the dollar remain dependent on the president and Fed
• Negative Sentiment: Stronger-than-expected U.S. payroll growth—165,000 jobs—boosted the dollar and Treasury yields and reinforced expectations of a potentially hawkish Fed. That has pressured gold and put the key $4,000-an-ounce support level at risk. Strong payrolls threaten gold’s $4,000 support

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.