Silverlake Wealth Management LLC Buys 7,455 Shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Silverlake Wealth Management LLC grew its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 36.1% in the 4th quarter, Holdings Channel.com reports. 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’s holdings in Goldman Sachs Physical Gold ETF were worth $729,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Private Trust Co. NA purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the 3rd quarter valued at about $34,000. Truvestments Capital LLC purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the 3rd quarter valued at about $48,000. JPMorgan Chase & Co. purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the 3rd quarter valued at about $52,000. Darwin Wealth Management LLC purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the 3rd quarter valued at about $65,000. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the 4th quarter valued at about $89,000.

Goldman Sachs Physical Gold ETF Stock Up 1.0 %

NYSEARCA AAAU opened at $28.13 on Wednesday. Goldman Sachs Physical Gold ETF has a 52 week low of $19.64 and a 52 week high of $28.14. The company has a 50-day moving average price of $26.42 and a 200-day moving average price of $25.81.

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.