Sagespring Wealth Partners LLC Has $36.78 Million Holdings in iShares Gold Trust $IAU

Sagespring Wealth Partners LLC increased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 589,730 shares of the exchange traded fund’s stock after purchasing an additional 29,200 shares during the period. Sagespring Wealth Partners LLC owned approximately 0.08% of iShares Gold Trust worth $36,776,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IAU. Brighton Jones LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $1,864,000. Bison Wealth LLC grew its stake in iShares Gold Trust by 78.5% in the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after acquiring an additional 7,379 shares during the period. GAMMA Investing LLC grew its stake in iShares Gold Trust by 17.6% in the first quarter. GAMMA Investing LLC now owns 1,635 shares of the exchange traded fund’s stock valued at $96,000 after acquiring an additional 245 shares during the period. Fifth Third Bancorp grew its stake in iShares Gold Trust by 23.4% in the first quarter. Fifth Third Bancorp now owns 5,586 shares of the exchange traded fund’s stock valued at $329,000 after acquiring an additional 1,058 shares during the period. Finally, Elevation Point Wealth Partners LLC grew its stake in iShares Gold Trust by 75.3% in the first quarter. Elevation Point Wealth Partners LLC now owns 10,923 shares of the exchange traded fund’s stock valued at $644,000 after acquiring an additional 4,693 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 2.4%

NYSEARCA:IAU opened at $77.43 on Tuesday. iShares Gold Trust has a 1 year low of $48.29 and a 1 year high of $77.57. The stock has a market cap of $64.00 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The stock has a 50-day moving average price of $68.00 and a two-hundred day moving average price of $64.20.

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.