Kanawha Capital Management LLC Takes $439,000 Position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Kanawha Capital Management LLC bought a new position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,850 shares of the company’s stock, valued at approximately $439,000. Kanawha Capital Management LLC owned about 0.06% of Goldman Sachs Physical Gold ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. ICA Group Wealth Management LLC bought a new position in shares of Goldman Sachs Physical Gold ETF during the 2nd quarter worth approximately $35,000. American National Bank & Trust bought a new position in Goldman Sachs Physical Gold ETF during the third quarter worth $55,000. US Bancorp DE acquired a new stake in Goldman Sachs Physical Gold ETF in the third quarter worth $108,000. Arlington Trust Co LLC acquired a new stake in Goldman Sachs Physical Gold ETF in the third quarter worth $117,000. Finally, International Assets Investment Management LLC bought a new stake in Goldman Sachs Physical Gold ETF in the second quarter valued at $194,000.

Goldman Sachs Physical Gold ETF Price Performance

AAAU stock opened at $27.07 on Tuesday. The company’s 50-day moving average is $26.00 and its 200-day moving average is $24.39. Goldman Sachs Physical Gold ETF has a 1 year low of $19.15 and a 1 year high of $27.59.

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.