1,000 Shares in iShares Gold Trust $IAU Acquired by Winnow Wealth LLC

Winnow Wealth LLC purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,000 shares of the exchange traded fund’s stock, valued at approximately $62,000.

Several other large investors have also recently made changes to their positions in IAU. Keener Financial Planning LLC bought a new position in shares of iShares Gold Trust during the 2nd quarter valued at $25,000. MTM Investment Management LLC bought a new stake in iShares Gold Trust in the second quarter worth $25,000. Private Wealth Management Group LLC boosted its position in iShares Gold Trust by 290.9% during the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 320 shares during the period. Key Financial Inc bought a new position in shares of iShares Gold Trust during the second quarter valued at about $28,000. Finally, Garrison Bradford & Associates Inc. purchased a new position in shares of iShares Gold Trust in the first quarter worth about $29,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $76.83 on Thursday. The stock has a market capitalization of $63.31 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1-year low of $48.83 and a 1-year high of $82.55. The business has a 50-day moving average of $74.68 and a 200 day moving average of $67.32.

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.