Blueprint Investment Partners LLC Has $5.32 Million Position in iShares Gold Trust $IAU

Blueprint Investment Partners LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 15.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,342 shares of the exchange traded fund’s stock after acquiring an additional 11,608 shares during the period. iShares Gold Trust makes up approximately 0.9% of Blueprint Investment Partners LLC’s portfolio, making the stock its 29th biggest position. Blueprint Investment Partners LLC’s holdings in iShares Gold Trust were worth $5,322,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IAU. Brighton Jones LLC acquired a new position in iShares Gold Trust in the fourth quarter valued at approximately $1,864,000. Bison Wealth LLC grew its position in shares of iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 7,379 shares during the period. Venturi Wealth Management LLC increased its stake in shares of iShares Gold Trust by 25.1% in the 1st quarter. Venturi Wealth Management LLC now owns 24,801 shares of the exchange traded fund’s stock valued at $1,462,000 after acquiring an additional 4,979 shares in the last quarter. Roundview Capital LLC lifted its position in shares of iShares Gold Trust by 1.8% during the 1st quarter. Roundview Capital LLC now owns 31,808 shares of the exchange traded fund’s stock valued at $1,875,000 after acquiring an additional 552 shares during the period. Finally, Pinnacle Associates Ltd. boosted its stake in iShares Gold Trust by 3.0% during the first quarter. Pinnacle Associates Ltd. now owns 12,701 shares of the exchange traded fund’s stock worth $749,000 after acquiring an additional 369 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $76.78 on Friday. iShares Gold Trust has a 12 month low of $48.83 and a 12 month high of $82.55. The stock has a market capitalization of $63.27 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The firm has a fifty day simple moving average of $74.84 and a two-hundred day simple moving average of $67.38.

iShares Gold Trust Profile

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.