Oarsman Capital Inc. raised its position in Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Free Report) by 6.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 167,169 shares of the company’s stock after buying an additional 9,492 shares during the quarter. Goldman Sachs Physical Gold ETF comprises about 0.8% of Oarsman Capital Inc.’s portfolio, making the stock its 24th largest holding. Oarsman Capital Inc.’s holdings in Goldman Sachs Physical Gold ETF were worth $4,336,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Goldman Sachs Physical Gold ETF in the fourth quarter valued at approximately $16,500,000. JPMorgan Chase & Co. acquired a new position in shares of Goldman Sachs Physical Gold ETF during the 3rd quarter worth $52,000. Harbor Capital Advisors Inc. lifted its position in shares of Goldman Sachs Physical Gold ETF by 13.6% during the 4th quarter. Harbor Capital Advisors Inc. now owns 9,246 shares of the company’s stock worth $240,000 after buying an additional 1,105 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of Goldman Sachs Physical Gold ETF during the 4th quarter worth $89,000. Finally, Stifel Financial Corp boosted its stake in Goldman Sachs Physical Gold ETF by 65.5% in the third quarter. Stifel Financial Corp now owns 169,055 shares of the company’s stock valued at $4,400,000 after buying an additional 66,889 shares in the last quarter.
Goldman Sachs Physical Gold ETF Price Performance
AAAU stock opened at $29.99 on Friday. The firm has a 50-day moving average price of $29.03 and a 200-day moving average price of $27.26. Goldman Sachs Physical Gold ETF has a 12 month low of $22.55 and a 12 month high of $30.98.
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.
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