5T Wealth LLC Increases Stock Position in iShares Gold Trust $IAU

5T Wealth LLC grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 38.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,730 shares of the exchange traded fund’s stock after purchasing an additional 10,813 shares during the period. iShares Gold Trust makes up about 1.2% of 5T Wealth LLC’s holdings, making the stock its 25th biggest position. 5T Wealth LLC’s holdings in iShares Gold Trust were worth $2,818,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Sincerus Advisory LLC grew its holdings in iShares Gold Trust by 2.8% during the third quarter. Sincerus Advisory LLC now owns 5,184 shares of the exchange traded fund’s stock worth $377,000 after acquiring an additional 143 shares during the period. Regatta Capital Group LLC boosted its position in shares of iShares Gold Trust by 0.5% during the 3rd quarter. Regatta Capital Group LLC now owns 27,161 shares of the exchange traded fund’s stock worth $1,977,000 after purchasing an additional 145 shares in the last quarter. Diversified Enterprises LLC boosted its position in shares of iShares Gold Trust by 4.6% during the 2nd quarter. Diversified Enterprises LLC now owns 3,683 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 163 shares in the last quarter. Red Mountain Financial LLC grew its stake in shares of iShares Gold Trust by 0.4% during the 2nd quarter. Red Mountain Financial LLC now owns 46,314 shares of the exchange traded fund’s stock worth $2,888,000 after purchasing an additional 165 shares during the period. Finally, New Hampshire Trust increased its holdings in shares of iShares Gold Trust by 4.2% in the 2nd quarter. New Hampshire Trust now owns 4,286 shares of the exchange traded fund’s stock valued at $267,000 after purchasing an additional 171 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 1.2%

Shares of NYSEARCA IAU opened at $85.34 on Monday. The stock has a market capitalization of $70.33 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $49.00 and a 52 week high of $85.69. The firm has a 50-day moving average price of $78.66 and a 200 day moving average price of $70.77.

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About iShares Gold Trust

(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).

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

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