Mirae Asset Global Investments Co. Ltd. Buys 97,852 Shares of iShares Gold Trust $IAU

Mirae Asset Global Investments Co. Ltd. increased its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 13.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 829,366 shares of the exchange traded fund’s stock after buying an additional 97,852 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.10% of iShares Gold Trust worth $67,320,000 as of its most recent SEC filing.

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

iShares Gold Trust Trading Down 0.1%

IAU opened at $90.16 on Friday. iShares Gold Trust has a 12-month low of $59.71 and a 12-month high of $104.40. The business’s fifty day simple moving average is $92.15 and its 200-day simple moving average is $85.01. The company has a market capitalization of $76.76 billion, a price-to-earnings ratio of 5.53 and a beta of 0.20.

Key iShares Gold Trust News

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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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