Silverlake Wealth Management LLC Raises Stock Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Silverlake Wealth Management LLC raised its stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 36.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,090 shares of the company’s stock after purchasing an additional 7,455 shares during the quarter. Silverlake Wealth Management LLC owned approximately 0.09% of Goldman Sachs Physical Gold ETF worth $729,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James & Associates grew its position in shares of Goldman Sachs Physical Gold ETF by 106.5% in the 3rd quarter. Raymond James & Associates now owns 436,765 shares of the company’s stock worth $11,367,000 after buying an additional 225,226 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of Goldman Sachs Physical Gold ETF in the 3rd quarter worth about $8,712,000. International Assets Investment Management LLC grew its position in shares of Goldman Sachs Physical Gold ETF by 3,771.3% in the 3rd quarter. International Assets Investment Management LLC now owns 325,963 shares of the company’s stock worth $84,850,000 after buying an additional 317,543 shares during the period. Cutter & CO Brokerage Inc. grew its position in shares of Goldman Sachs Physical Gold ETF by 811.7% in the 3rd quarter. Cutter & CO Brokerage Inc. now owns 226,456 shares of the company’s stock worth $5,895,000 after buying an additional 201,616 shares during the period. Finally, HighTower Advisors LLC grew its position in shares of Goldman Sachs Physical Gold ETF by 191.6% in the 3rd quarter. HighTower Advisors LLC now owns 195,281 shares of the company’s stock worth $5,081,000 after buying an additional 128,312 shares during the period.

Goldman Sachs Physical Gold ETF Trading Up 1.0 %

Shares of Goldman Sachs Physical Gold ETF stock opened at $28.13 on Wednesday. The firm’s 50-day moving average is $26.42 and its 200 day moving average is $25.81. Goldman Sachs Physical Gold ETF has a 1 year low of $19.64 and a 1 year high of $28.14.

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.