Muirfield Wealth Advisors LLC bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,875 shares of the exchange traded fund’s stock, valued at approximately $553,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Keener Financial Planning LLC bought a new position in iShares Gold Trust during the second quarter worth $25,000. Smallwood Wealth Investment Management LLC bought a new position in iShares Gold Trust during the first quarter worth $27,000. BankPlus Trust Department bought a new position in iShares Gold Trust during the first quarter worth $27,000. Dunhill Financial LLC increased its position in iShares Gold Trust by 86.6% during the first quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 219 shares during the period. Finally, Garrison Bradford & Associates Inc. bought a new position in iShares Gold Trust during the first quarter worth $29,000. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 1.0%
Shares of IAU stock opened at $75.58 on Friday. iShares Gold Trust has a 1 year low of $48.29 and a 1 year high of $76.49. The firm’s fifty day simple moving average is $67.72 and its 200 day simple moving average is $64.02. The firm has a market capitalization of $62.36 billion, a P/E ratio of 5.53 and a beta of 0.15.
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.
Featured Articles
- Five stocks we like better than iShares Gold Trust
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- How to Calculate Retirement Income: MarketBeat’s Calculator
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- Dividend Capture Strategy: What You Need to Know
- Catch the Next Bitcoin Rally With These 3 ETFs
Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.