Oarsman Capital Inc. Buys 9,492 Shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU)

Oarsman Capital Inc. raised its position in shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,169 shares of the company’s stock after acquiring an additional 9,492 shares during the period. Goldman Sachs Physical Gold ETF makes up approximately 0.8% of Oarsman Capital Inc.’s investment portfolio, making the stock its 24th largest position. Oarsman Capital Inc. owned about 0.55% of Goldman Sachs Physical Gold ETF worth $4,336,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new stake in Goldman Sachs Physical Gold ETF in the 3rd quarter valued at $52,000. Compass Financial Services Inc bought a new stake in shares of Goldman Sachs Physical Gold ETF in the fourth quarter valued at about $55,000. Exchange Traded Concepts LLC acquired a new position in shares of Goldman Sachs Physical Gold ETF in the fourth quarter valued at about $89,000. US Bancorp DE increased its position in Goldman Sachs Physical Gold ETF by 34.3% during the fourth quarter. US Bancorp DE now owns 5,559 shares of the company’s stock worth $144,000 after acquiring an additional 1,420 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in Goldman Sachs Physical Gold ETF in the 4th quarter worth about $201,000.

Goldman Sachs Physical Gold ETF Price Performance

NYSEARCA AAAU opened at $29.99 on Friday. The firm has a 50-day moving average price of $29.03 and a two-hundred 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.