Oarsman Capital Inc. Purchases 12,360 Shares of Goldman Sachs Physical Gold ETF $AAAU

Oarsman Capital Inc. raised its position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 194,089 shares of the company’s stock after acquiring an additional 12,360 shares during the quarter. Goldman Sachs Physical Gold ETF makes up 1.1% of Oarsman Capital Inc.’s portfolio, making the stock its 16th biggest holding. Oarsman Capital Inc.’s holdings in Goldman Sachs Physical Gold ETF were worth $8,258,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in Goldman Sachs Physical Gold ETF by 12.0% in the fourth quarter. LPL Financial LLC now owns 994,239 shares of the company’s stock valued at $42,305,000 after acquiring an additional 106,855 shares during the period. Proficio Capital Partners LLC lifted its holdings in Goldman Sachs Physical Gold ETF by 24.8% in the third quarter. Proficio Capital Partners LLC now owns 854,085 shares of the company’s stock valued at $32,558,000 after acquiring an additional 169,905 shares during the period. NEOS Investment Management LLC lifted its holdings in Goldman Sachs Physical Gold ETF by 652.3% in the third quarter. NEOS Investment Management LLC now owns 787,415 shares of the company’s stock valued at $30,016,000 after acquiring an additional 682,749 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of Goldman Sachs Physical Gold ETF by 45.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 747,358 shares of the company’s stock worth $31,800,000 after buying an additional 234,778 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of Goldman Sachs Physical Gold ETF by 7.8% in 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.

Trending Headlines about Goldman Sachs Physical Gold ETF

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

• Positive Sentiment: Gold prices extended gains after the U.S.-Iran interim peace deal, with lower oil prices and easing inflation fears reducing pressure on markets. Gold Edges Higher, Extending Gains After U.S.-Iran Ceasefire
• Positive Sentiment: Gold cleared the $4,300 level and rallied strongly as crude oil tumbled, helping ease inflation concerns and support precious metals. Gold clears $4,300 as Hormuz deal cuts oil, yield pressure – Kitco PM Report
• Positive Sentiment: A World Gold Council survey found a record 45% of central banks plan to increase gold holdings, reinforcing long-term demand for bullion. Record 45% of central banks plan increase gold holdings, WGC survey finds
• Neutral Sentiment: Some analysts say gold may be consolidating after the jump, with technical support levels and resistance near recent highs becoming the main focus. Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Inflation Pressure Amid Iran-Israel Conflict – Upside Ahead?
• Neutral Sentiment: Despite the rally, inflation remains a headwind because it may limit how quickly the Federal Reserve can ease rates, which could cap further upside for gold-backed funds like AAAU. Gold and silver rally after Iran-U.S. deal, but face headwinds from rate hike expectations – Heraeus

Goldman Sachs Physical Gold ETF Stock Up 2.6%

NYSEARCA AAAU opened at $42.61 on Tuesday. The stock’s 50-day moving average price is $45.20 and its 200-day moving average price is $45.97. Goldman Sachs Physical Gold ETF has a 52 week low of $32.15 and a 52 week high of $54.71.

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.