Goldman Sachs Physical Gold ETF $AAAU Shares Sold by Royal Bank of Canada

Royal Bank of Canada cut its position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 20.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 424,552 shares of the company’s stock after selling 111,317 shares during the quarter. Royal Bank of Canada owned about 0.68% of Goldman Sachs Physical Gold ETF worth $19,610,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC grew its position in Goldman Sachs Physical Gold ETF by 12.0% in the 4th quarter. LPL Financial LLC now owns 994,239 shares of the company’s stock worth $42,305,000 after purchasing an additional 106,855 shares during the last quarter. J. Stern & Co. LLP raised its holdings in shares of Goldman Sachs Physical Gold ETF by 4,155.0% during the fourth quarter. J. Stern & Co. LLP now owns 902,486 shares of the company’s stock valued at $38,401,000 after buying an additional 881,276 shares during the last quarter. Proficio Capital Partners LLC boosted its position in shares of Goldman Sachs Physical Gold ETF by 24.8% during the third quarter. Proficio Capital Partners LLC now owns 854,085 shares of the company’s stock worth $32,558,000 after buying an additional 169,905 shares during the period. Raymond James Financial Inc. boosted its position in shares of Goldman Sachs Physical Gold ETF by 7.8% during the third quarter. Raymond James Financial Inc. now owns 729,373 shares of the company’s stock worth $27,804,000 after buying an additional 52,873 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Goldman Sachs Physical Gold ETF by 10.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 571,600 shares of the company’s stock worth $24,322,000 after buying an additional 52,000 shares in the last quarter.

Goldman Sachs Physical Gold ETF News Roundup

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

• Positive Sentiment: Gold’s breakout above $4,200 and a bullish technical reversal have opened potential upside targets near $4,493–$4,494. AAAU is trading above its 50-day moving average, indicating improving near-term momentum. Gold Price Forecast: Reversal Opens Path Toward $4,494
• Positive Sentiment: Strategists remain bullish on gold, arguing that real interest rates may have peaked and that a potentially weaker U.S. dollar could become a tailwind. BNP Paribas Wealth Management sees gold potentially reaching $5,000, reinforcing the longer-term bullish outlook for AAAU. Now is the Time to Buy Gold
• Positive Sentiment: Gold-backed ETFs recorded net inflows in July, ending two consecutive months of outflows. The return of investor demand provides a fundamental support for physical-gold funds such as AAAU. Gold Market Sees Positive ETF Inflows in July
• Neutral Sentiment: Gold remains above $4,200 despite resilient U.S. jobless claims. Upcoming nonfarm-payrolls data could significantly alter Federal Reserve rate expectations and determine whether the rally extends or pauses. Gold Price Holding Above $4,200
• Negative Sentiment: Investors took profits after gold’s sharp breakout as Treasury yields, oil prices and the U.S. dollar moved higher. A possible reduction in the geopolitical premium following Strait of Hormuz negotiations also weakened safe-haven demand, creating near-term pressure on AAAU. Investors Take Profits in Gold and Silver

Goldman Sachs Physical Gold ETF Price Performance

Shares of AAAU stock opened at $41.89 on Friday. Goldman Sachs Physical Gold ETF has a 12-month low of $32.73 and a 12-month high of $54.71. The business has a 50 day simple moving average of $40.98 and a 200 day simple moving average of $45.25.

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.