Goldman Sachs Physical Gold ETF $AAAU Shares Bought by GoalVest Advisory LLC

GoalVest Advisory LLC grew its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 9.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 221,219 shares of the company’s stock after acquiring an additional 18,844 shares during the quarter. Goldman Sachs Physical Gold ETF comprises approximately 1.6% of GoalVest Advisory LLC’s portfolio, making the stock its 10th biggest holding. GoalVest Advisory LLC owned approximately 0.36% of Goldman Sachs Physical Gold ETF worth $8,754,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in AAAU. Capstone Wealth Management Group LLC purchased a new stake in Goldman Sachs Physical Gold ETF during the 1st quarter worth about $2,894,000. Integrated Wealth Concepts LLC boosted its stake in shares of Goldman Sachs Physical Gold ETF by 17.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 9,583 shares of the company’s stock worth $296,000 after purchasing an additional 1,453 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Goldman Sachs Physical Gold ETF by 52.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 73,967 shares of the company’s stock worth $2,417,000 after purchasing an additional 25,585 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of Goldman Sachs Physical Gold ETF by 0.3% during the second quarter. Cerity Partners LLC now owns 113,484 shares of the company’s stock worth $3,709,000 after buying an additional 348 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the second quarter worth about $67,000.

Key Headlines Impacting Goldman Sachs Physical Gold ETF

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

• Positive Sentiment: Gold surged after the U.S. economy reportedly lost 23,000 jobs in July, a significant miss that pressured Treasury yields and the dollar while boosting demand for non-yielding assets. Gold prices surging higher as U.S. economy loses 23k jobs in July
• Positive Sentiment: Gold completed a bullish breakout after months of consolidation near $4,000 an ounce. Technical analysts see potential for further gains, with resistance around $4,382-$4,392 and upside targets approaching $4,494. Gold breaks out following soft jobs data but could still struggle to get to $4,500
• Positive Sentiment: Precious metals benefited from a weaker U.S. dollar and falling Treasury yields, while traders increased bets on a dovish Fed. The People’s Bank of China also made its largest monthly gold purchase since 2023, extending its buying streak to 21 consecutive months. PBOC boosts gold buying with largest monthly purchase since 2023
• Positive Sentiment: Gold-backed ETFs recorded net inflows in July, ending two months of outflows and indicating renewed investor interest in bullion. Analysts at BNP Paribas also suggested the rally could extend toward $5,000 if dollar weakness persists. Gold market sees positive ETF inflows in July, ending two months of outflows
• Neutral Sentiment: Despite the breakout, gold faces technical resistance and could experience profit-taking if yields, the dollar, or expectations for additional Fed tightening rebound. Investors are also monitoring developments in the Middle East, which could reduce safe-haven demand if tensions ease. Investors take profits in gold and silver as oil, yields rise after Hormuz deal doubts
• Negative Sentiment: A new study reportedly found only a weak correlation between gold and inflation, challenging the traditional view of bullion as a reliable inflation hedge. This could temper some long-term investment demand, although it has not outweighed the current macroeconomic support. If You Buy Gold to Protect Against Inflation, You’re Doing It Wrong

Goldman Sachs Physical Gold ETF Price Performance

NYSEARCA:AAAU opened at $42.81 on Friday. The firm has a 50 day simple moving average of $40.94 and a 200-day simple moving average of $45.23. Goldman Sachs Physical Gold ETF has a 1-year low of $32.73 and a 1-year high of $54.71.

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.