Oarsman Capital Inc. Grows Position in Goldman Sachs Physical Gold ETF $AAAU

Oarsman Capital Inc. lifted its holdings in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,089 shares of the company’s stock after buying an additional 12,360 shares during the period. Goldman Sachs Physical Gold ETF makes up 1.1% of Oarsman Capital Inc.’s portfolio, making the stock its 16th biggest position. Oarsman Capital Inc. owned about 0.31% of Goldman Sachs Physical Gold ETF worth $8,258,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its position in shares of Goldman Sachs Physical Gold ETF by 14.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,830 shares of the company’s stock valued at $78,000 after buying an additional 230 shares during the last quarter. Lcnb Corp boosted its position in shares of Goldman Sachs Physical Gold ETF by 2.8% during the third quarter. Lcnb Corp now owns 10,539 shares of the company’s stock valued at $402,000 after buying an additional 287 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of Goldman Sachs Physical Gold ETF by 3.3% during the fourth quarter. Sanctuary Advisors LLC now owns 9,254 shares of the company’s stock valued at $394,000 after buying an additional 299 shares during the last quarter. PKS Advisory Services LLC boosted its position in shares of Goldman Sachs Physical Gold ETF by 4.3% during the fourth quarter. PKS Advisory Services LLC now owns 7,228 shares of the company’s stock valued at $308,000 after buying an additional 300 shares during the last quarter. Finally, Wood Tarver Financial Group LLC boosted its position in shares of Goldman Sachs Physical Gold ETF by 5.8% during the fourth quarter. Wood Tarver Financial Group LLC now owns 6,260 shares of the company’s stock valued at $266,000 after buying an additional 341 shares during the last quarter.

Key Goldman Sachs Physical Gold ETF News

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 Price Performance

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

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.