Silverlake Wealth Management LLC trimmed its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Free Report) by 26.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,664 shares of the company’s stock after selling 15,246 shares during the quarter. Silverlake Wealth Management LLC owned 0.07% of Goldman Sachs Physical Gold ETF worth $1,588,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of AAAU. Quadrature Capital Ltd bought a new position in Goldman Sachs Physical Gold ETF in the 2nd quarter worth about $30,082,000. Exchange Traded Concepts LLC raised its holdings in Goldman Sachs Physical Gold ETF by 128.5% in the second quarter. Exchange Traded Concepts LLC now owns 600,138 shares of the company’s stock worth $19,613,000 after buying an additional 337,464 shares during the last quarter. Sonoma Allocations LLC purchased a new position in Goldman Sachs Physical Gold ETF in the third quarter worth about $12,454,000. Prospera Financial Services Inc bought a new position in shares of Goldman Sachs Physical Gold ETF in the second quarter worth approximately $6,505,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Goldman Sachs Physical Gold ETF during the second quarter valued at approximately $5,328,000.
Goldman Sachs Physical Gold ETF Price Performance
Shares of AAAU opened at $45.72 on Thursday. Goldman Sachs Physical Gold ETF has a twelve month low of $26.47 and a twelve month high of $45.81. The firm has a 50 day moving average of $42.23 and a 200 day moving average of $38.02.
Key Stories Impacting Goldman Sachs Physical Gold ETF
- Positive Sentiment: Record highs and momentum: Multiple market pieces say gold has printed new all‑time highs and remains in a confirmed bull trend, supporting continued inflows into physical‑gold ETFs. Gold (XAU/USD) Price Forecast: New Record High Confirms Bull Trend
- Positive Sentiment: Safe‑haven buying amid geopolitical tensions (Iran) is being cited by analysts as a key driver pushing prices toward new targets, which tends to lift demand for physical‑gold ETFs like AAAU. Gold News: Record Breakout as Iran Tensions Push Price Toward $5,000 Target
- Positive Sentiment: Silver and broader precious‑metal strength: Coverage notes silver leading and hitting historic highs, which often accompanies and reinforces gold ETF flows. Silver leading gold as both hit new record highs on safe-haven demand
- Neutral Sentiment: Macro nuance — inflation and Fed expectations: Analysts flag mixed signals (cooling CPI vs. Fed uncertainty). Softer inflation can cut into immediate inflation‑hedge demand, but it also raises rate‑cut hopes that can support gold — creating ambiguous near‑term direction. Gold (XAUUSD) & Silver Price Forecast: CPI Cools, Bulls Hold Key Resistance Zones
- Neutral Sentiment: Market structure/technical guidance: Several intraday technical analyses provide entry levels for traders — this is supporting higher trading volumes but can increase short‑term choppiness. Gold market analysis for January 14 – key intra-day price entry levels for active traders
- Negative Sentiment: Technical correction/profit‑taking risk: After record settlements, some reports note early‑session declines as traders take profits — this can produce short‑term pullbacks in AAAU despite the broader uptrend. Gold Declines on Likely Technical Correction, Possible Profit-Taking
- Negative Sentiment: Pre‑data and dollar moves: Ahead of key U.S. data, episodes of dollar strength or hawkish Fed repricing have led to short‑term gold pullbacks in recent coverage — a risk for ETF flows if rates reprice higher. Gold (XAUUSD) & Silver Price Forecast: Gold Slips Ahead of CPI, Silver Stays Bullish
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.
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