Goldman Sachs Physical Gold ETF (AAAU)

Commodity Contracts Brokers & Dealers

Latest Price

$39.93

TTM P/E

2.80

Normalized P/E

7.20

Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $16.58

Book value / share: $42.51

Formula: √(22.5 × EPS × BVPS)

Graham Number

$125.94

+215% upside

EPS: $16.58

Target P/E: 7×

Formula: EPS × P/E

P/E Fair Value

$116.06

+191% upside

32.3% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Wellspring Financial Advisors, LLC	2.07M	$95.0M	3.33%	+73.5K	2026-03-31
NEOS Investment Management LLC	1.97M	$91.0M	3.18%	+410.8K	2026-03-31
LPL Financial LLC	1.18M	$54.0M	1.91%	+188.9K	2026-03-31
Proficio Capital Partners LLC	1.05M	$48.0M	1.70%	+430.4K	2026-03-31
RAYMOND JAMES FINANCIAL INC	875.0K	$40.0M	1.41%	-34.8K	2026-03-31
OSAIC HOLDINGS, INC.	671.9K	$31.0M	1.08%	-26.4K	2026-03-31
Quadrature Capital Ltd	561.8K	$25.0M	0.91%	-17.4K	2026-03-31
EXCHANGE TRADED CONCEPTS, LLC	560.8K	$25.0M	0.90%	-186.5K	2026-03-31
Virtu Financial LLC	504.6K	$23.0M	0.81%	--	2026-03-31
STIFEL FINANCIAL CORP	413.5K	$19.0M	0.67%	+46.5K	2026-03-31