ONE Advisory Partners LLC Purchases 30,526 Shares of iShares Gold Trust $IAU

ONE Advisory Partners LLC raised its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 40.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,222 shares of the exchange traded fund’s stock after purchasing an additional 30,526 shares during the quarter. iShares Gold Trust accounts for approximately 2.5% of ONE Advisory Partners LLC’s holdings, making the stock its 15th largest holding. ONE Advisory Partners LLC’s holdings in iShares Gold Trust were worth $8,225,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. MTM Investment Management LLC bought a new stake in iShares Gold Trust in the 2nd quarter valued at approximately $25,000. Private Wealth Management Group LLC raised its holdings in shares of iShares Gold Trust by 290.9% in the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 320 shares during the last quarter. Key Financial Inc bought a new stake in shares of iShares Gold Trust in the second quarter worth $28,000. Mountain Hill Investment Partners Corp. acquired a new position in iShares Gold Trust during the third quarter worth $29,000. Finally, Traub Capital Management LLC bought a new position in iShares Gold Trust in the second quarter valued at $31,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $93.24 on Monday. The stock’s 50-day simple moving average is $85.69 and its 200 day simple moving average is $76.14. The company has a market cap of $78.73 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $53.44 and a 52-week high of $104.40.

iShares Gold Trust News Summary

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iShares Gold Trust Company Profile

(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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