True Vision MN LLC Raises Stake in iShares Gold Trust $IAU

True Vision MN LLC lifted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 55.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,479 shares of the exchange traded fund’s stock after buying an additional 14,025 shares during the quarter. iShares Gold Trust makes up approximately 1.5% of True Vision MN LLC’s portfolio, making the stock its 17th biggest holding. True Vision MN LLC’s holdings in iShares Gold Trust were worth $2,873,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Keener Financial Planning LLC purchased a new stake in iShares Gold Trust in the 2nd quarter worth approximately $25,000. MTM Investment Management LLC purchased a new stake in shares of iShares Gold Trust in the second quarter worth $25,000. Private Wealth Management Group LLC boosted its stake in iShares Gold Trust by 290.9% during 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. Key Financial Inc bought a new stake in iShares Gold Trust during the second quarter valued at $28,000. Finally, Mountain Hill Investment Partners Corp. purchased a new position in iShares Gold Trust during the third quarter worth about $29,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 1.0%

NYSEARCA:IAU opened at $87.23 on Thursday. The business’s 50-day moving average price is $80.59 and its two-hundred day moving average price is $72.57. iShares Gold Trust has a twelve month low of $50.53 and a twelve month high of $87.43. The stock has a market cap of $73.25 billion, a P/E ratio of 5.53 and a beta of 0.09.

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iShares Gold Trust 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

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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