5,975 Shares in iShares Gold Trust $IAU Purchased by FARMERS & MERCHANTS TRUST Co OF LONG BEACH

FARMERS & MERCHANTS TRUST Co OF LONG BEACH purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,975 shares of the exchange traded fund’s stock, valued at approximately $435,000.

Other large investors also recently modified their holdings of the company. MTM Investment Management LLC bought a new position in shares of iShares Gold Trust during the 2nd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. bought a new stake in iShares Gold Trust in the third quarter valued at $29,000. Keener Financial Planning LLC acquired a new position in iShares Gold Trust during the second quarter worth $25,000. Private Wealth Management Group LLC lifted its holdings in shares of iShares Gold Trust by 290.9% during the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 320 shares during the period. Finally, Key Financial Inc bought a new position in shares of iShares Gold Trust during the second quarter valued at $28,000. 59.67% of the stock is currently owned by institutional investors.

Key Headlines Impacting iShares Gold Trust

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iShares Gold Trust Stock Performance

IAU opened at $86.36 on Wednesday. The firm’s 50-day simple moving average is $80.34 and its 200-day simple moving average is $72.47. iShares Gold Trust has a twelve month low of $50.21 and a twelve month high of $87.38. The firm has a market cap of $72.52 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

About iShares Gold Trust

(Free Report)

iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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