iShares Gold Trust $IAU Shares Bought by MGO One Seven LLC

MGO One Seven LLC raised its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 56.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 286,338 shares of the exchange traded fund’s stock after buying an additional 103,481 shares during the period. MGO One Seven LLC’s holdings in iShares Gold Trust were worth $20,837,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Keener Financial Planning LLC acquired a new position in iShares Gold Trust in the 2nd quarter valued at about $25,000. MTM Investment Management LLC purchased a new position in shares of iShares Gold Trust in the second quarter valued at approximately $25,000. Private Wealth Management Group LLC grew its holdings in shares of iShares Gold Trust by 290.9% in 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 stake in iShares Gold Trust during the 2nd quarter worth approximately $28,000. Finally, Traub Capital Management LLC purchased a new stake in iShares Gold Trust during the 2nd quarter worth approximately $31,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Key Stories Impacting iShares Gold Trust

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iShares Gold Trust Stock Up 0.7%

Shares of IAU stock opened at $84.89 on Monday. The firm has a 50 day moving average of $79.88 and a two-hundred day moving average of $72.13. The stock has a market capitalization of $71.29 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $50.14 and a 52 week high of $85.68.

iShares Gold Trust 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).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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