Wealth Care LLC Buys Shares of 105,150 iShares Gold Trust $IAU

Wealth Care LLC bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 105,150 shares of the exchange traded fund’s stock, valued at approximately $9,270,000. iShares Gold Trust comprises approximately 8.2% of Wealth Care LLC’s investment portfolio, making the stock its 3rd biggest holding.

Several other institutional investors also recently made changes to their positions in the stock. Wills Financial Group LLC increased its position 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 stake in iShares Gold Trust during the 4th quarter valued at $1,725,000. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares Gold Trust by 13.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 829,366 shares of the exchange traded fund’s stock worth $67,320,000 after acquiring an additional 97,852 shares during the period. Advisory Services Network LLC boosted its position in iShares Gold Trust by 20.3% during the 3rd quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock worth $15,081,000 after acquiring an additional 35,018 shares during the period. Finally, AllGen Financial Advisors Inc. boosted its position in iShares Gold Trust by 3.4% during the 4th quarter. AllGen Financial Advisors Inc. now owns 378,708 shares of the exchange traded fund’s stock worth $30,740,000 after acquiring an additional 12,624 shares during the period. 59.67% of the stock is owned by institutional investors.

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iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $75.51 on Wednesday. The stock has a market cap of $64.29 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 1 year low of $61.60 and a 1 year high of $104.40. The business has a fifty day moving average of $83.63 and a 200-day moving average of $87.58.

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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