GG Group Ventures LLC Takes Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

GG Group Ventures LLC purchased a new stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,048 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds also recently made changes to their positions in the stock. Private Trust Co. NA acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the 3rd quarter valued at approximately $34,000. ICA Group Wealth Management LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the 2nd quarter valued at approximately $35,000. Truvestments Capital LLC acquired a new stake in Goldman Sachs Physical Gold ETF during the 3rd quarter worth approximately $48,000. American National Bank & Trust acquired a new stake in Goldman Sachs Physical Gold ETF during the 3rd quarter worth approximately $55,000. Finally, Mutual Advisors LLC boosted its position in Goldman Sachs Physical Gold ETF by 4.8% during the 3rd quarter. Mutual Advisors LLC now owns 53,713 shares of the company’s stock worth $1,453,000 after buying an additional 2,476 shares during the period.

Goldman Sachs Physical Gold ETF Trading Up 1.0 %

NYSEARCA:AAAU opened at $26.28 on Tuesday. The firm’s 50 day simple moving average is $26.38 and its 200 day simple moving average is $24.87. Goldman Sachs Physical Gold ETF has a one year low of $19.57 and a one year high of $27.59.

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.