Geneos Wealth Management Inc. Has $4.81 Million Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Geneos Wealth Management Inc. trimmed its stake in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 185,293 shares of the company’s stock after selling 14,801 shares during the quarter. Geneos Wealth Management Inc. owned 0.61% of Goldman Sachs Physical Gold ETF worth $4,806,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. CWA Asset Management Group LLC raised its stake in Goldman Sachs Physical Gold ETF by 3.1% during the fourth quarter. CWA Asset Management Group LLC now owns 19,219 shares of the company’s stock worth $498,000 after acquiring an additional 575 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of Goldman Sachs Physical Gold ETF by 13.6% during the 4th quarter. Harbor Capital Advisors Inc. now owns 9,246 shares of the company’s stock worth $240,000 after purchasing an additional 1,105 shares in the last quarter. Private Trust Co. NA bought a new position in Goldman Sachs Physical Gold ETF during the 3rd quarter valued at about $34,000. Winch Advisory Services LLC boosted its position in Goldman Sachs Physical Gold ETF by 1.1% in the fourth quarter. Winch Advisory Services LLC now owns 149,558 shares of the company’s stock valued at $3,879,000 after buying an additional 1,622 shares in the last quarter. Finally, Truvestments Capital LLC bought a new stake in Goldman Sachs Physical Gold ETF during the third quarter worth about $48,000.

Goldman Sachs Physical Gold ETF Stock Up 0.7 %

NYSEARCA AAAU opened at $27.40 on Friday. Goldman Sachs Physical Gold ETF has a 1-year low of $19.64 and a 1-year high of $27.59. The company has a 50 day moving average of $26.27 and a 200-day moving average of $25.63.

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.