10,957 Shares in iShares Gold Trust $IAU Purchased by Rainier Family Wealth Inc.

Rainier Family Wealth Inc. purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,957 shares of the exchange traded fund’s stock, valued at approximately $966,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wills Financial Group LLC raised its stake in iShares Gold Trust by 9.8% in the 4th quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock valued at $11,943,000 after acquiring an additional 13,093 shares during the period. Hudson Oak Wealth Advisory LLC bought a new position in iShares Gold Trust during the fourth quarter worth $1,725,000. Allianz SE increased its holdings in shares of iShares Gold Trust by 2.8% in the third quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock valued at $86,351,000 after purchasing an additional 32,341 shares during the last quarter. Advisory Services Network LLC raised its position in shares of iShares Gold Trust by 20.3% in the third quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock valued at $15,081,000 after purchasing an additional 35,018 shares during the period. Finally, Mill Creek Capital Advisors LLC raised its position in shares of iShares Gold Trust by 2.9% in the third quarter. Mill Creek Capital Advisors LLC now owns 203,287 shares of the exchange traded fund’s stock valued at $14,793,000 after purchasing an additional 5,749 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Roundup

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

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $78.80 on Tuesday. The stock has a market cap of $67.09 billion, a PE ratio of 5.53 and a beta of 0.15. The firm has a 50-day moving average of $85.35 and a 200-day moving average of $87.72. iShares Gold Trust has a 52-week low of $61.37 and a 52-week high of $104.40.

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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