Bensler LLC Grows Holdings in iShares Gold Trust $IAU

Bensler LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 14.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,635 shares of the exchange traded fund’s stock after purchasing an additional 8,921 shares during the period. Bensler LLC’s holdings in iShares Gold Trust were worth $5,286,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in iShares Gold Trust by 67.5% during the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after purchasing an additional 4,398,605 shares during the period. WealthNavi Inc. grew its stake in iShares Gold Trust by 8.5% in the 3rd quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock worth $518,890,000 after buying an additional 559,413 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares Gold Trust by 2.3% in the second quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after acquiring an additional 148,881 shares in the last quarter. Truist Financial Corp grew its position in iShares Gold Trust by 14.4% during the second quarter. Truist Financial Corp now owns 5,490,435 shares of the exchange traded fund’s stock valued at $342,384,000 after acquiring an additional 692,844 shares during the last quarter. Finally, Citigroup Inc. grew its position in iShares Gold Trust by 809.1% during the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock worth $318,586,000 after acquiring an additional 4,546,835 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 1.5%

NYSEARCA:IAU opened at $95.18 on Tuesday. The firm’s fifty day simple moving average is $82.69 and its 200 day simple moving average is $74.18. The stock has a market cap of $80.30 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a twelve month low of $51.52 and a twelve month high of $96.12.

Key iShares Gold Trust News

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iShares Gold Trust Company 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).

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

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