Waverly Advisors LLC Takes $1.47 Million Position in Goldman Sachs Physical Gold ETF $AAAU

Waverly Advisors LLC bought a new position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) during the 1st quarter, Holdings Channel reports. The institutional investor bought 31,832 shares of the company’s stock, valued at approximately $1,470,000.

A number of other institutional investors have also recently bought and sold shares of AAAU. GGM Financials LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF in the fourth quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Goldman Sachs Physical Gold ETF during the third quarter worth $34,000. Larson Financial Group LLC bought a new stake in shares of Goldman Sachs Physical Gold ETF during the third quarter worth $38,000. Darwin Wealth Management LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF during the second quarter worth $67,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Goldman Sachs Physical Gold ETF by 14.4% during 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 during the period.

Key Stories Impacting Goldman Sachs Physical Gold ETF

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

• Positive Sentiment: Strong central-bank gold purchases in the second quarter, along with resilient Asian demand, support the longer-term investment case for physical gold and AAAU. World Gold Council Reports Strong Central Bank Buying
• Positive Sentiment: Analysts increasingly view gold near $4,000 an ounce as an attractive value area, suggesting potential downside support for AAAU if prices remain above that level. Gold Has Value at $4,000
• Neutral Sentiment: Gold remains range-bound, broadly consolidating between $4,000 and $4,200 while investors await clearer signals on interest rates and Middle East developments. This limits near-term directional momentum for the ETF. Gold Weekly Price Analysis
• Negative Sentiment: Long-term Treasury yields reached levels not seen since 2007, increasing the opportunity cost of holding gold and pressuring spot prices. Gold Pulls Back as Treasury Yields Rise
• Negative Sentiment: Improved U.S. consumer sentiment and easing near-term inflation expectations reinforced the possibility that the Fed can keep rates higher for longer. Gold subsequently moved near session lows below $4,030, contributing to AAAU’s weakness. Spot Gold Near Session Lows
• Negative Sentiment: The Fed’s recent rate hold was characterized as hawkish, while firm yields and a resilient labor market continue to reduce expectations for imminent monetary easing. Fed’s Hawkish Hold

Goldman Sachs Physical Gold ETF Stock Down 1.5%

AAAU opened at $39.93 on Friday. Goldman Sachs Physical Gold ETF has a 12 month low of $32.47 and a 12 month high of $54.71. The firm’s fifty day simple moving average is $41.24 and its 200 day simple moving average is $45.37.

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.