Goldman Sachs Physical Gold ETF $AAAU Shares Acquired by Moulton Wealth Management Inc.

Moulton Wealth Management Inc. increased its stake in Goldman Sachs Physical Gold ETF (BATS:AAAU) by 44.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 99,027 shares of the company’s stock after acquiring an additional 30,544 shares during the quarter. Goldman Sachs Physical Gold ETF comprises 2.8% of Moulton Wealth Management Inc.’s holdings, making the stock its 8th largest holding. Moulton Wealth Management Inc.’s holdings in Goldman Sachs Physical Gold ETF were worth $4,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. NEOS Investment Management LLC lifted its position in shares of Goldman Sachs Physical Gold ETF by 38.6% during the 2nd quarter. NEOS Investment Management LLC now owns 2,734,560 shares of the company’s stock valued at $108,207,000 after acquiring an additional 761,400 shares during the period. J. Stern & Co. LLP raised its stake in shares of 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 during the last quarter. Kestra Advisory Services LLC lifted its stake in Goldman Sachs Physical Gold ETF by 0.7% during the 1st quarter. Kestra Advisory Services LLC now owns 285,658 shares of the company’s stock valued at $13,195,000 after acquiring an additional 1,880 shares in the last quarter. GoalVest Advisory LLC grew its holdings in shares of Goldman Sachs Physical Gold ETF by 3.5% in the third quarter. GoalVest Advisory LLC now owns 229,006 shares of the company’s stock valued at $9,380,000 after acquiring an additional 7,787 shares in the last quarter. Finally, Oarsman Capital Inc. increased its holdings in Goldman Sachs Physical Gold ETF by 6.8% during the second quarter. Oarsman Capital Inc. now owns 204,694 shares of the company’s stock worth $8,100,000 after buying an additional 12,990 shares during the last quarter.

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-backed ETFs attracted approximately $31 billion during the third quarter, showing that investment demand remains resilient despite higher yields, inflation concerns and a stronger dollar. Gold ETF demand defies rising bond yields
• Positive Sentiment: China has continued buying gold for nearly two years, supported by central-bank diversification, weak domestic property and stock markets, and plans for Hong Kong to expand yuan-denominated gold trading. This demand could provide a floor for bullion prices and support AAAU over time. Why China is importing a record amount of gold
• Neutral Sentiment: Gold is holding above roughly $4,155 as Treasury yields ease ahead of U.S. consumer-price data, while strong investment demand has helped the metal recover. A softer-than-expected CPI report could improve expectations for gold, but the data may also increase volatility. Gold and silver price forecast
• Negative Sentiment: Gold and silver weakened as the dollar strengthened, Treasury yields remained elevated and markets priced in greater odds of a December Fed hike. Higher rates increase the opportunity cost of holding non-yielding gold. Gold and silver soften as markets price in December Fed hike risk
• Negative Sentiment: Analysts say a sustained gold recovery may require a more dovish Fed or renewed concerns about currency debasement. Persistent inflation, rising rates and a dollar near an 18-month high remain important fourth-quarter headwinds. Gold price needs a dovish Fed

Goldman Sachs Physical Gold ETF Price Performance

Shares of BATS AAAU opened at $41.09 on Tuesday. The stock has a fifty day simple moving average of $42.78 and a two-hundred day simple moving average of $43.14. Goldman Sachs Physical Gold ETF has a 1-year low of $38.64 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.