iShares Gold Trust $IAU Shares Bought by Midwest Trust Co

Midwest Trust Co lifted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 6.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 155,781 shares of the exchange traded fund’s stock after acquiring an additional 9,306 shares during the period. Midwest Trust Co’s holdings in iShares Gold Trust were worth $13,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. CIBC Bancorp USA Inc. purchased a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $193,639,000. Concurrent Investment Advisors LLC increased its position in shares of iShares Gold Trust by 381.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock worth $205,744,000 after purchasing an additional 2,008,288 shares during the last quarter. Citigroup Inc. increased its position in shares of iShares Gold Trust by 35.7% during the fourth quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock valued at $584,531,000 after acquiring an additional 1,893,594 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Gold Trust by 18.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,595,990 shares of the exchange traded fund’s stock valued at $535,396,000 after purchasing an additional 1,019,135 shares during the last quarter. Finally, Orion Porfolio Solutions LLC grew its stake in shares of iShares Gold Trust by 503.7% in the second quarter. Orion Porfolio Solutions LLC now owns 930,318 shares of the exchange traded fund’s stock valued at $58,015,000 after buying an additional 776,215 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Summary

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $77.26 on Monday. iShares Gold Trust has a 1 year low of $61.60 and a 1 year high of $104.40. The firm’s 50-day moving average is $81.89 and its two-hundred day moving average is $87.34. The firm has a market capitalization of $63.81 billion, a PE ratio of 5.53 and a beta of 0.18.

iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

See Also

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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