Aureus Asset Management LLC Purchases 6,597 Shares of iShares Gold Trust $IAU

Aureus Asset Management LLC boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 242.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 9,322 shares of the exchange traded fund’s stock after acquiring an additional 6,597 shares during the period. Aureus Asset Management LLC’s holdings in iShares Gold Trust were worth $822,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Schmidt P J Investment Management Inc. raised its stake in shares of iShares Gold Trust by 1.1% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after purchasing an additional 106 shares during the period. Foster Group Inc. lifted its stake in iShares Gold Trust by 2.4% in the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 120 shares during the last quarter. Haverford Trust Co grew its holdings in iShares Gold Trust by 3.4% during the fourth quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 120 shares during the period. Evolution Wealth Management Inc. raised its stake in iShares Gold Trust by 40.3% in the 1st quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 124 shares during the period. Finally, Brooks Moore & Associates Inc. lifted its stake in shares of iShares Gold Trust by 2.1% during the 4th quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $493,000 after buying an additional 125 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

IAU opened at $77.69 on Thursday. The business has a fifty day simple moving average of $79.97 and a 200 day simple moving average of $86.94. iShares Gold Trust has a 1 year low of $61.60 and a 1 year high of $104.40. The company has a market capitalization of $64.16 billion, a PE ratio of 5.53 and a beta of 0.18.

Key Headlines Impacting iShares Gold Trust

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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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