iShares Gold Trust $IAU Shares Purchased by Y.D. More Investments Ltd

Y.D. More Investments Ltd lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 55.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,000 shares of the exchange traded fund’s stock after buying an additional 10,000 shares during the period. Y.D. More Investments Ltd’s holdings in iShares Gold Trust were worth $1,746,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of IAU. Keener Financial Planning LLC acquired a new stake in iShares Gold Trust during the 2nd quarter worth approximately $25,000. MTM Investment Management LLC acquired a new stake in shares of iShares Gold Trust in the 2nd quarter worth $25,000. Private Wealth Management Group LLC boosted its holdings in shares of iShares Gold Trust by 290.9% in the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 320 shares in the last quarter. Key Financial Inc acquired a new position in iShares Gold Trust during the 2nd quarter worth approximately $28,000. Finally, Garrison Bradford & Associates Inc. purchased a new position in shares of iShares Gold Trust during the 1st quarter worth approximately $29,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $76.98 on Friday. iShares Gold Trust has a 1-year low of $48.32 and a 1-year high of $82.55. The company has a market cap of $63.44 billion, a PE ratio of 5.53 and a beta of 0.09. The stock’s 50 day moving average price is $74.20 and its 200 day moving average price is $67.00.

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.