iShares Gold Trust $IAU Shares Purchased by Allianz SE

Allianz SE boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,154,291 shares of the exchange traded fund’s stock after purchasing an additional 59,097 shares during the quarter. iShares Gold Trust comprises 1.7% of Allianz SE’s holdings, making the stock its 10th biggest position. Allianz SE owned 0.15% of iShares Gold Trust worth $71,982,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in IAU. Diversified Enterprises LLC raised its stake in shares of iShares Gold Trust by 4.6% during the second quarter. Diversified Enterprises LLC now owns 3,683 shares of the exchange traded fund’s stock worth $230,000 after buying an additional 163 shares during the last quarter. Red Mountain Financial LLC boosted its stake in iShares Gold Trust by 0.4% in the second quarter. Red Mountain Financial LLC now owns 46,314 shares of the exchange traded fund’s stock valued at $2,888,000 after acquiring an additional 165 shares during the last quarter. New Hampshire Trust grew its holdings in iShares Gold Trust by 4.2% during the 2nd quarter. New Hampshire Trust now owns 4,286 shares of the exchange traded fund’s stock worth $267,000 after acquiring an additional 171 shares during the period. Whittier Trust Co. raised its position in shares of iShares Gold Trust by 0.3% during the 2nd quarter. Whittier Trust Co. now owns 60,987 shares of the exchange traded fund’s stock valued at $3,803,000 after acquiring an additional 177 shares during the last quarter. Finally, Confluence Wealth Services Inc. raised its position in shares of iShares Gold Trust by 0.4% during the 2nd quarter. Confluence Wealth Services Inc. now owns 43,721 shares of the exchange traded fund’s stock valued at $2,726,000 after acquiring an additional 191 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 1.6%

NYSEARCA:IAU opened at $79.04 on Thursday. iShares Gold Trust has a 12-month low of $48.29 and a 12-month high of $82.55. The firm has a market capitalization of $65.14 billion, a P/E ratio of 5.53 and a beta of 0.09. The stock’s fifty day simple moving average is $73.78 and its 200-day simple moving average is $66.79.

About iShares Gold Trust

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.