iShares Gold Trust $IAU Stock Bought by Vision Capital Management Inc.

Vision Capital Management Inc. boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 317,911 shares of the exchange traded fund’s stock after purchasing an additional 10,053 shares during the quarter. iShares Gold Trust comprises about 2.8% of Vision Capital Management Inc.’s portfolio, making the stock its 9th biggest position. Vision Capital Management Inc.’s holdings in iShares Gold Trust were worth $24,829,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. lifted its holdings in shares of iShares Gold Trust by 1.3% in the 2nd quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock worth $659,404,000 after buying an additional 109,246 shares during the period. Proficio Capital Partners LLC increased its stake in shares of iShares Gold Trust by 5.7% during the second quarter. Proficio Capital Partners LLC now owns 2,191,169 shares of the exchange traded fund’s stock valued at $165,455,000 after buying an additional 118,328 shares during the period. Bank of New York Mellon Corp increased its stake in shares of iShares Gold Trust by 8.8% during the second quarter. Bank of New York Mellon Corp now owns 1,840,038 shares of the exchange traded fund’s stock valued at $138,941,000 after buying an additional 149,558 shares during the period. AlTi Global Inc. increased its stake in shares of iShares Gold Trust by 5.4% during the second quarter. AlTi Global Inc. now owns 1,651,446 shares of the exchange traded fund’s stock valued at $124,701,000 after buying an additional 84,457 shares during the period. Finally, GM Advisory Group LLC increased its stake in shares of iShares Gold Trust by 2.8% during the first quarter. GM Advisory Group LLC now owns 1,569,661 shares of the exchange traded fund’s stock valued at $138,381,000 after buying an additional 42,385 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

IAU stock opened at $77.85 on Tuesday. The business has a 50-day moving average price of $81.37 and a 200 day moving average price of $82.03. The company has a market capitalization of $61.39 billion, a P/E ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 1-year low of $73.74 and a 1-year high of $104.40.

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. 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).