39,238 Shares in iShares Gold Trust $IAU Bought by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in iShares Gold Trust (NYSEARCA:IAU) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 39,238 shares of the exchange traded fund’s stock, valued at approximately $2,447,000.

Other hedge funds have also recently modified their holdings of the company. Keener Financial Planning LLC purchased a new position in iShares Gold Trust during the 2nd quarter valued at about $25,000. Private Wealth Management Group LLC increased its stake in shares of 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 purchasing an additional 320 shares in the last quarter. Key Financial Inc purchased a new position in shares of iShares Gold Trust during the second quarter valued at approximately $28,000. Garrison Bradford & Associates Inc. purchased a new position in shares of iShares Gold Trust during the first quarter valued at approximately $29,000. Finally, VSM Wealth Advisory LLC bought a new stake in shares of iShares Gold Trust in the 1st quarter worth approximately $39,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 2.7%

IAU stock opened at $77.47 on Tuesday. The business has a 50 day moving average of $73.32 and a 200 day moving average of $66.60. iShares Gold Trust has a twelve month low of $48.29 and a twelve month high of $82.55. The firm has a market cap of $63.84 billion, a PE ratio of 5.53 and a beta of 0.09.

iShares Gold Trust Profile

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.