iShares Gold Trust $IAU Shares Acquired by Cwm LLC

Cwm LLC increased its stake in iShares Gold Trust (NYSEARCA:IAU) by 5.8% during the 2nd quarter, Holdings Channel reports. The fund owned 1,037,216 shares of the exchange traded fund’s stock after purchasing an additional 56,643 shares during the quarter. Cwm LLC’s holdings in iShares Gold Trust were worth $64,681,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IAU. Diversified Enterprises LLC grew its holdings in shares of iShares Gold Trust by 4.6% during the second 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 during the last quarter. Red Mountain Financial LLC lifted its position in iShares Gold Trust by 0.4% in the second quarter. Red Mountain Financial LLC now owns 46,314 shares of the exchange traded fund’s stock valued at $2,888,000 after purchasing an additional 165 shares during the period. Alpha Cubed Investments LLC lifted its position in iShares Gold Trust by 4.0% in the first quarter. Alpha Cubed Investments LLC now owns 4,325 shares of the exchange traded fund’s stock valued at $255,000 after purchasing an additional 168 shares during the period. Mosaic Family Wealth Partners LLC lifted its position in iShares Gold Trust by 1.5% in the first quarter. Mosaic Family Wealth Partners LLC now owns 11,345 shares of the exchange traded fund’s stock valued at $669,000 after purchasing an additional 173 shares during the period. Finally, Hoey Investments Inc. lifted its position in shares of iShares Gold Trust by 30.4% during the 1st quarter. Hoey Investments Inc. now owns 750 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 175 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.0%

IAU stock opened at $75.58 on Friday. The firm has a 50 day moving average of $67.72 and a 200-day moving average of $64.02. iShares Gold Trust has a 12-month low of $48.29 and a 12-month high of $76.49. The company has a market cap of $62.36 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15.

iShares Gold Trust Company 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.