Paladin Advisory Group LLC Trims Holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Paladin Advisory Group LLC reduced its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,462 shares of the company’s stock after selling 5,071 shares during the period. Goldman Sachs Physical Gold ETF accounts for 1.6% of Paladin Advisory Group LLC’s portfolio, making the stock its 20th largest position. Paladin Advisory Group LLC’s holdings in Goldman Sachs Physical Gold ETF were worth $1,971,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. increased its stake in shares of Goldman Sachs Physical Gold ETF by 250.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 2,100 shares of the company’s stock valued at $38,000 after purchasing an additional 1,500 shares in the last quarter. Comerica Bank bought a new position in Goldman Sachs Physical Gold ETF during the 3rd quarter valued at approximately $54,000. UBS Group AG raised its stake in Goldman Sachs Physical Gold ETF by 301.8% during the third quarter. UBS Group AG now owns 2,961 shares of the company’s stock valued at $54,000 after buying an additional 2,224 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in Goldman Sachs Physical Gold ETF during the third quarter valued at $123,000. Finally, Brookstone Capital Management bought a new stake in Goldman Sachs Physical Gold ETF in the fourth quarter worth $232,000.

Goldman Sachs Physical Gold ETF Price Performance

Shares of AAAU traded up $0.07 on Friday, hitting $23.64. 3,777,523 shares of the stock traded hands, compared to its average volume of 2,643,813. Goldman Sachs Physical Gold ETF has a one year low of $17.97 and a one year high of $24.07. The business has a 50 day simple moving average of $21.48 and a 200 day simple moving average of $20.36.