Elyxium Wealth LLC Has $2.39 Million Stock Position in iShares Gold Trust $IAU

Elyxium Wealth LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 37.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 38,249 shares of the exchange traded fund’s stock after purchasing an additional 10,465 shares during the period. Elyxium Wealth LLC’s holdings in iShares Gold Trust were worth $2,385,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC acquired a new stake in iShares Gold Trust during the fourth quarter worth approximately $1,864,000. Bison Wealth LLC lifted its position in iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 7,379 shares during the last quarter. GAMMA Investing LLC raised its position in shares of iShares Gold Trust by 17.6% in the first quarter. GAMMA Investing LLC now owns 1,635 shares of the exchange traded fund’s stock valued at $96,000 after buying an additional 245 shares in the last quarter. DAVENPORT & Co LLC raised its position in shares of iShares Gold Trust by 20.1% in the first quarter. DAVENPORT & Co LLC now owns 14,930 shares of the exchange traded fund’s stock valued at $880,000 after buying an additional 2,502 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of iShares Gold Trust by 37.4% in the first quarter. Bank of New York Mellon Corp now owns 1,561,243 shares of the exchange traded fund’s stock valued at $92,051,000 after buying an additional 424,915 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 0.2%

NYSEARCA IAU opened at $75.54 on Tuesday. iShares Gold Trust has a 1-year low of $48.29 and a 1-year high of $82.55. The company has a 50 day moving average of $72.23 and a 200-day moving average of $66.17. The company has a market cap of $62.29 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

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.