iShares Gold Trust $IAU Stock: Security Financial Services INC. Boosts Position

Security Financial Services INC. boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 48.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,585 shares of the exchange traded fund’s stock after buying an additional 25,900 shares during the period. Security Financial Services INC.’s holdings in iShares Gold Trust were worth $6,216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its holdings in iShares Gold Trust by 1.3% in the second quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock worth $659,404,000 after acquiring an additional 109,246 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in iShares Gold Trust by 5.7% in the 2nd quarter. Proficio Capital Partners LLC now owns 2,191,169 shares of the exchange traded fund’s stock worth $165,455,000 after purchasing an additional 118,328 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in iShares Gold Trust by 8.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,840,038 shares of the exchange traded fund’s stock worth $138,941,000 after purchasing an additional 149,558 shares in the last quarter. AlTi Global Inc. grew its position in iShares Gold Trust by 5.4% during the 2nd quarter. AlTi Global Inc. now owns 1,651,446 shares of the exchange traded fund’s stock valued at $124,701,000 after purchasing an additional 84,457 shares during the last quarter. Finally, GM Advisory Group LLC grew its position in iShares Gold Trust by 2.8% during the 1st quarter. GM Advisory Group LLC now owns 1,569,661 shares of the exchange traded fund’s stock valued at $138,381,000 after purchasing an additional 42,385 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $72.92 on Monday. The firm has a market cap of $57.50 billion, a P/E ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a fifty-two week low of $72.71 and a fifty-two week high of $104.40. The firm has a 50-day simple moving average of $80.07 and a two-hundred day simple moving average of $84.62.

iShares Gold Trust Company Profile

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).