Goldman Sachs Physical Gold ETF $AAAU Shares Acquired by Oarsman Capital Inc.

Oarsman Capital Inc. increased its position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 6.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 204,694 shares of the company’s stock after buying an additional 12,990 shares during the period. Goldman Sachs Physical Gold ETF comprises about 0.6% of Oarsman Capital Inc.’s portfolio, making the stock its 20th biggest position. Oarsman Capital Inc. owned 0.33% of Goldman Sachs Physical Gold ETF worth $8,100,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. J. Stern & Co. LLP increased its position in shares of Goldman Sachs Physical Gold ETF by 4,155.0% in the 4th quarter. J. Stern & Co. LLP now owns 902,486 shares of the company’s stock valued at $38,401,000 after purchasing an additional 881,276 shares during the last quarter. Kestra Advisory Services LLC grew its stake in shares of Goldman Sachs Physical Gold ETF by 263.6% during the fourth quarter. Kestra Advisory Services LLC now owns 283,778 shares of the company’s stock worth $12,075,000 after purchasing an additional 205,733 shares in the last quarter. Proficio Capital Partners LLC grew its stake in shares of Goldman Sachs Physical Gold ETF by 24.8% during the third quarter. Proficio Capital Partners LLC now owns 854,085 shares of the company’s stock worth $32,558,000 after purchasing an additional 169,905 shares in the last quarter. LPL Financial LLC grew its stake in shares of Goldman Sachs Physical Gold ETF by 12.0% during the fourth quarter. LPL Financial LLC now owns 994,239 shares of the company’s stock worth $42,305,000 after purchasing an additional 106,855 shares in the last quarter. Finally, Susquehanna International Group LLP increased its holdings in Goldman Sachs Physical Gold ETF by 345.4% in the third quarter. Susquehanna International Group LLP now owns 130,131 shares of the company’s stock valued at $4,961,000 after buying an additional 100,912 shares during the last quarter.

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’s roughly 15% rebound since June and continued investor interest in the “dollar debasement” trade remain supportive for AAAU. Analysts argue that rising U.S. debt, currency-debasement risks and de-dollarization could sustain demand for physical gold. Gold is Glittering This Quarter
• Positive Sentiment: Commentators continue to see a favorable longer-term setup, citing America’s fiscal challenges and foreign central banks’ preference for physical gold over Bitcoin this year. These themes could help limit downside in AAAU if short-term volatility eases. Gold’s renewed momentum is sending a warning about America’s debt
• Neutral Sentiment: Gold is testing important technical levels, including its 200-day moving average and support near $4,500-$4,527. Holding those levels could set up a move toward resistance around $4,700-$4,800, while a break lower would signal additional weakness for AAAU. Gold Price Tests Support
• Negative Sentiment: Federal Reserve Chair Kevin Warsh said inflation remains a bigger concern than labor-market softness, reviving expectations for a possible September rate hike. Higher yields and a firmer dollar reduce the appeal of non-yielding gold and are the primary drivers of AAAU’s decline. Gold prices drop as inflation remains a concern
• Negative Sentiment: Gold has fallen sharply over several sessions, breaking below its 200-day moving average as markets reassess the outlook for Fed policy. The latest consumer-sentiment and employment revisions added volatility, although neither materially changed the broader investment case. Gold breaks its 200-day moving average

Goldman Sachs Physical Gold ETF Price Performance

Shares of NYSEARCA AAAU opened at $43.94 on Monday. Goldman Sachs Physical Gold ETF has a 1 year low of $33.75 and a 1 year high of $54.71. The business has a 50-day moving average of $41.47 and a two-hundred day moving average of $44.71.

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.