Goldman Sachs Physical Gold an investment trust. The Trust issues Perth Mint Physical Gold ETF Shares (the shares), which represent units of fractional undivided beneficial interest in it. Gold Corporation (the Custodial Sponsor) and Exchange Traded Concepts, LLC (the Administrative Sponsor and, together with Custodial Sponsor, the Sponsors) are the sponsors of the Trust. The primary objective of the Trust is to provide investors with an opportunity to invest in gold through the shares, and have the gold stored by the Custodial Sponsor. An additional objective of the Trust is for the shares to reflect the performance of the price of gold less the expenses of the Trust's operations. We show 1 historical shares outstanding datapoints in our coverage of AAAU's shares outstanding history.
Understanding the changing numbers of AAAU shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like AAAU versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching AAAU by allowing them to research AAAU shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
