Alerus Financial NA Has $10 Million Stock Holdings in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Alerus Financial NA lowered its stake in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 27.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 385,684 shares of the company’s stock after selling 142,544 shares during the quarter. Goldman Sachs Physical Gold ETF makes up approximately 0.8% of Alerus Financial NA’s investment portfolio, making the stock its 22nd largest position. Alerus Financial NA’s holdings in Goldman Sachs Physical Gold ETF were worth $10,003,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of Goldman Sachs Physical Gold ETF in the fourth quarter valued at $16,500,000. JPMorgan Chase & Co. acquired a new position in Goldman Sachs Physical Gold ETF in the 3rd quarter valued at about $52,000. Harbor Capital Advisors Inc. raised its holdings in Goldman Sachs Physical Gold ETF by 13.6% in the 4th quarter. Harbor Capital Advisors Inc. now owns 9,246 shares of the company’s stock valued at $240,000 after acquiring an additional 1,105 shares during the period. Exchange Traded Concepts LLC acquired a new stake in Goldman Sachs Physical Gold ETF during the fourth quarter worth approximately $89,000. Finally, Stifel Financial Corp boosted its holdings in shares of Goldman Sachs Physical Gold ETF by 65.5% during the third quarter. Stifel Financial Corp now owns 169,055 shares of the company’s stock worth $4,400,000 after acquiring an additional 66,889 shares during the period.

Goldman Sachs Physical Gold ETF Price Performance

NYSEARCA:AAAU opened at $30.22 on Friday. The stock has a 50 day simple moving average of $28.60 and a 200 day simple moving average of $27.03. Goldman Sachs Physical Gold ETF has a 1-year low of $21.80 and a 1-year high of $30.29.

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.