3,831 Shares in iShares Gold Trust (NYSEARCA:IAU) Purchased by PUREfi Wealth LLC

PUREfi Wealth LLC acquired a new stake in iShares Gold Trust (NYSEARCA:IAU) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,831 shares of the exchange traded fund’s stock, valued at approximately $226,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Kingswood Wealth Advisors LLC raised its position in shares of iShares Gold Trust by 192.1% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 90,783 shares of the exchange traded fund’s stock valued at $5,344,000 after acquiring an additional 59,706 shares in the last quarter. Essex Savings Bank boosted its holdings in shares of iShares Gold Trust by 10.7% in the 1st quarter. Essex Savings Bank now owns 10,060 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 969 shares during the period. Cornerstone Wealth Management LLC acquired a new position in shares of iShares Gold Trust in the 1st quarter valued at about $218,000. Shepherd Financial Partners LLC lifted its holdings in iShares Gold Trust by 1,238.9% in the first quarter. Shepherd Financial Partners LLC now owns 140,023 shares of the exchange traded fund’s stock worth $8,256,000 after acquiring an additional 129,565 shares during the last quarter. Finally, Cushing Capital Partners LLC boosted its stake in iShares Gold Trust by 14.5% in the first quarter. Cushing Capital Partners LLC now owns 52,909 shares of the exchange traded fund’s stock valued at $3,120,000 after acquiring an additional 6,718 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Up 0.0%

NYSEARCA:IAU opened at $63.82 on Wednesday. The firm has a market capitalization of $46.97 billion, a PE ratio of -38.57 and a beta of 0.12. The stock has a 50 day moving average of $62.38 and a 200-day moving average of $56.43. iShares Gold Trust has a 52 week low of $43.35 and a 52 week high of $65.00.

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.