Goldman Sachs Physical Gold ETF $AAAU Shares Bought by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lifted its holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 63.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,270 shares of the company’s stock after acquiring an additional 46,391 shares during the period. Foundations Investment Advisors LLC owned approximately 0.19% of Goldman Sachs Physical Gold ETF worth $5,075,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. GGM Financials LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the fourth quarter worth $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the third quarter worth $34,000. Anfield Capital Management LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the third quarter worth $36,000. Larson Financial Group LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the third quarter worth $38,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Goldman Sachs Physical Gold ETF by 14.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,830 shares of the company’s stock worth $78,000 after acquiring an additional 230 shares in the last quarter.

Goldman Sachs Physical Gold ETF Stock Up 1.0%

AAAU opened at $44.33 on Friday. The company has a fifty day simple moving average of $45.73 and a 200 day simple moving average of $45.77. Goldman Sachs Physical Gold ETF has a twelve month low of $32.15 and a twelve month high of $54.71.

Key Stories Impacting Goldman Sachs Physical Gold ETF

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

• Positive Sentiment: Gold rebounded after softer U.S. growth and weaker labor data, with traders betting the Federal Reserve may have room to cut rates later this year, which supports non-yielding assets like gold. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
• Positive Sentiment: Weaker-than-expected U.S. new home sales and rising jobless claims added to signs of cooling economic momentum, which can increase demand for gold as a defensive asset. Gold price finding new support as U.S. New home sales drop 6.2% in April
• Positive Sentiment: Some analysts see gold building a technical base near its 200-day moving average, suggesting the recent selloff may be stabilizing if buyers step in near support. Gold (XAU/USD) Price Forecast: Reversal Signals Build Near 200-Day
• Neutral Sentiment: Gold remains highly sensitive to the next move in U.S.-Iran headlines, with some reports saying traders are weighing whether a potential deal could reduce geopolitical risk and lower safe-haven demand. Gold Edges Lower as Traders Assess Potential U.S.-Iran Deal
• Neutral Sentiment: Some market commentary says gold’s longer-term bullish case is intact, but near-term trading is being pressured by higher yields and a firmer dollar. Gold Price Analysis – Gold Continues to Move with Bond Yields
• Negative Sentiment: Gold also faced pressure as strong durable goods data, a firmer dollar, and rising Treasury yields reduced demand for the metal, which does not pay interest. Gold off session lows after U.S. durable goods rise 7.9% in April
• Negative Sentiment: Several reports note that gold has slipped below key support levels near $4,500 and $4,400, with some analysts describing the move as a technical breakdown that could keep ETF flows under pressure. Gold tumbles to two-month low as inflation hedge status fades

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.