Copperleaf Capital LLC Has $644,000 Stake in iShares Gold Trust $IAU

Copperleaf Capital LLC raised its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 61.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,334 shares of the exchange traded fund’s stock after acquiring an additional 3,933 shares during the period. Copperleaf Capital LLC’s holdings in iShares Gold Trust were worth $644,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bryn Mawr Trust Advisors LLC increased its holdings in shares of iShares Gold Trust by 79.9% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock worth $3,237,000 after purchasing an additional 23,054 shares during the period. Americana Partners LLC lifted its stake in shares of iShares Gold Trust by 9.0% in the second quarter. Americana Partners LLC now owns 26,166 shares of the exchange traded fund’s stock valued at $1,632,000 after buying an additional 2,158 shares during the period. Stokes Family Office LLC grew its position in iShares Gold Trust by 2.7% during the second quarter. Stokes Family Office LLC now owns 93,539 shares of the exchange traded fund’s stock worth $5,833,000 after buying an additional 2,491 shares in the last quarter. Alpha Cubed Investments LLC increased its stake in iShares Gold Trust by 110.2% during the second quarter. Alpha Cubed Investments LLC now owns 9,093 shares of the exchange traded fund’s stock valued at $567,000 after acquiring an additional 4,768 shares during the period. Finally, McAdam LLC increased its stake in iShares Gold Trust by 4.6% during the second quarter. McAdam LLC now owns 7,687 shares of the exchange traded fund’s stock valued at $479,000 after acquiring an additional 341 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.8%

Shares of IAU stock opened at $76.69 on Wednesday. iShares Gold Trust has a 12 month low of $48.83 and a 12 month high of $82.55. The company has a market capitalization of $63.20 billion, a P/E ratio of 5.53 and a beta of 0.09. The stock has a 50 day moving average of $74.52 and a two-hundred day moving average of $67.25.

iShares Gold Trust Company 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.