Verus Financial Partners Inc. Buys Shares of 30,272 iShares Gold Trust $IAU

Verus Financial Partners Inc. bought a new position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 30,272 shares of the exchange traded fund’s stock, valued at approximately $2,203,000.

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

iShares Gold Trust News Roundup

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

iShares Gold Trust Trading Up 1.9%

Shares of iShares Gold Trust stock opened at $92.56 on Friday. The business has a 50-day moving average price of $81.97 and a two-hundred day moving average price of $73.58. iShares Gold Trust has a 1-year low of $51.52 and a 1-year high of $92.78. The company has a market cap of $77.80 billion, a P/E ratio of 5.53 and a beta of 0.09.

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).

See Also

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

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