OFC Financial Planning LLC Has $2.09 Million Stock Position in iShares Gold Trust $IAU

OFC Financial Planning LLC grew its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,417 shares of the exchange traded fund’s stock after acquiring an additional 1,578 shares during the quarter. iShares Gold Trust accounts for 2.4% of OFC Financial Planning LLC’s holdings, making the stock its 8th biggest position. OFC Financial Planning LLC’s holdings in iShares Gold Trust were worth $2,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of IAU. Smallwood Wealth Investment Management LLC bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $27,000. BankPlus Trust Department bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $27,000. Marshall & Sterling Wealth Advisors Inc. bought a new stake in iShares Gold Trust during the 4th quarter worth approximately $28,000. Dunhill Financial LLC increased its stake in iShares Gold Trust by 86.6% during the 1st quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 219 shares in the last quarter. Finally, Garrison Bradford & Associates Inc. bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $29,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Down 0.4%

Shares of IAU opened at $62.90 on Friday. The stock has a market capitalization of $48.19 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a twelve month low of $46.66 and a twelve month high of $65.00. The company has a 50 day moving average of $63.13 and a 200-day moving average of $60.46.

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.