Regimen Wealth LLC Takes Position in iShares Gold Trust $IAU

Regimen Wealth LLC purchased a new position in iShares Gold Trust (NYSEARCA:IAU) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,987 shares of the exchange traded fund’s stock, valued at approximately $560,000.

A number of other institutional investors also recently bought and sold shares of IAU. Brighton Jones LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $1,864,000. Bison Wealth LLC grew its position in shares of iShares Gold Trust by 78.5% during the 4th 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. Bank of New York Mellon Corp increased its stake in shares of iShares Gold Trust by 37.4% in the first quarter. Bank of New York Mellon Corp now owns 1,561,243 shares of the exchange traded fund’s stock worth $92,051,000 after purchasing an additional 424,915 shares in the last quarter. TD Private Client Wealth LLC grew its stake in iShares Gold Trust by 18.8% during the first quarter. TD Private Client Wealth LLC now owns 30,646 shares of the exchange traded fund’s stock valued at $1,807,000 after acquiring an additional 4,839 shares in the last quarter. Finally, Brown Advisory Inc. grew its stake in iShares Gold Trust by 7.7% during the first quarter. Brown Advisory Inc. now owns 204,028 shares of the exchange traded fund’s stock valued at $12,029,000 after acquiring an additional 14,630 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

IAU opened at $75.05 on Thursday. The stock has a market capitalization of $61.85 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The company has a fifty day moving average of $72.66 and a 200 day moving average of $66.31. iShares Gold Trust has a fifty-two week low of $48.29 and a fifty-two week high of $82.55.

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.