Truvestments Capital LLC Invests $48,000 in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Truvestments Capital LLC bought a new stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the third quarter, Holdings Channel.com reports. The institutional investor bought 1,862 shares of the company’s stock, valued at approximately $48,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Capital Market Strategies LLC lifted its position in Goldman Sachs Physical Gold ETF by 8.2% during the second quarter. Capital Market Strategies LLC now owns 14,423 shares of the company’s stock valued at $332,000 after acquiring an additional 1,096 shares during the last quarter. ICA Group Wealth Management LLC purchased a new stake in Goldman Sachs Physical Gold ETF during the second quarter valued at approximately $35,000. American National Bank & Trust purchased a new position in shares of Goldman Sachs Physical Gold ETF in the third quarter worth $55,000. Mutual Advisors LLC raised its holdings in shares of Goldman Sachs Physical Gold ETF by 4.8% in the third 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 last quarter. Finally, Darwin Wealth Management LLC purchased a new position in shares of Goldman Sachs Physical Gold ETF in the third quarter worth $65,000.

Goldman Sachs Physical Gold ETF Stock Up 0.2 %

NYSEARCA AAAU opened at $26.07 on Thursday. The company has a fifty day simple moving average of $26.38 and a two-hundred day simple moving average of $24.74. Goldman Sachs Physical Gold ETF has a 12-month low of $19.57 and a 12-month high of $27.59.

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.