iShares Gold Trust $IAU Shares Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 119.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 118,274 shares of the exchange traded fund’s stock after acquiring an additional 64,273 shares during the period. Diversify Wealth Management LLC’s holdings in iShares Gold Trust were worth $10,118,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in IAU. Brighton Jones LLC acquired a new stake in iShares Gold Trust during the 4th quarter worth about $1,864,000. Bison Wealth LLC raised its position in iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after acquiring an additional 7,379 shares in the last quarter. AQR Capital Management LLC lifted its holdings in iShares Gold Trust by 47.0% in the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after acquiring an additional 8,609 shares during the period. Glenview Trust co grew its stake in shares of iShares Gold Trust by 9.7% during the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after purchasing an additional 1,095 shares during the period. Finally, Main Street Financial Solutions LLC increased its holdings in shares of iShares Gold Trust by 6.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock valued at $2,296,000 after purchasing an additional 2,172 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

IAU stock traded down $0.25 during midday trading on Friday, hitting $77.26. 2,747,659 shares of the stock traded hands, compared to its average volume of 11,348,428. iShares Gold Trust has a 1-year low of $61.60 and a 1-year high of $104.40. The stock’s fifty day simple moving average is $81.89 and its 200-day simple moving average is $87.31. The firm has a market cap of $63.81 billion, a P/E ratio of 5.53 and a beta of 0.18.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

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).

See Also

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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