Wedbush Securities Inc. Acquires 7,164 Shares of iShares Gold Trust $IAU

Wedbush Securities Inc. boosted its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 13.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,756 shares of the exchange traded fund’s stock after buying an additional 7,164 shares during the quarter. Wedbush Securities Inc.’s holdings in iShares Gold Trust were worth $4,276,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Evolution Wealth Advisors LLC grew its holdings in shares of iShares Gold Trust by 1.5% during the 3rd quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock valued at $646,000 after purchasing an additional 135 shares during the last quarter. Axecap Investments LLC lifted its stake in shares of iShares Gold Trust by 1.0% in the 3rd quarter. Axecap Investments LLC now owns 14,316 shares of the exchange traded fund’s stock valued at $1,042,000 after acquiring an additional 137 shares during the last quarter. Aspiriant LLC boosted its holdings in shares of iShares Gold Trust by 1.8% during the 3rd quarter. Aspiriant LLC now owns 7,854 shares of the exchange traded fund’s stock valued at $572,000 after acquiring an additional 138 shares in the last quarter. Sincerus Advisory LLC grew its position in iShares Gold Trust by 2.8% during the 3rd quarter. Sincerus Advisory LLC now owns 5,184 shares of the exchange traded fund’s stock worth $377,000 after acquiring an additional 143 shares during the last quarter. Finally, First National Trust Co grew its position in iShares Gold Trust by 0.9% during the 3rd quarter. First National Trust Co now owns 15,541 shares of the exchange traded fund’s stock worth $1,131,000 after acquiring an additional 144 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.1%

iShares Gold Trust stock opened at $95.76 on Thursday. The stock has a 50-day moving average price of $86.64 and a two-hundred day moving average price of $76.72. iShares Gold Trust has a 12 month low of $53.44 and a 12 month high of $104.40. The company has a market capitalization of $80.85 billion, a PE ratio of 5.53 and a beta of 0.09.

Key iShares Gold Trust News

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

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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