One Wealth Capital Management LLC Has $1.28 Million Stock Holdings in iShares Gold Trust $IAU

One Wealth Capital Management LLC lowered its position in iShares Gold Trust (NYSEARCA:IAU) by 27.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,530 shares of the exchange traded fund’s stock after selling 7,732 shares during the period. One Wealth Capital Management LLC’s holdings in iShares Gold Trust were worth $1,280,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its holdings in shares of iShares Gold Trust by 29.6% during the first quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock valued at $659,340,000 after buying an additional 2,552,405 shares during the last quarter. Mainstay Capital Management LLC ADV lifted its holdings in shares of iShares Gold Trust by 12,087.3% in the second quarter. Mainstay Capital Management LLC ADV now owns 1,329,143 shares of the exchange traded fund’s stock valued at $82,885,000 after purchasing an additional 1,318,237 shares in the last quarter. Erste Asset Management GmbH purchased a new position in shares of iShares Gold Trust during the first quarter valued at approximately $68,629,000. Charles Schwab Investment Management Inc. grew its holdings in iShares Gold Trust by 1,357.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 981,332 shares of the exchange traded fund’s stock worth $57,859,000 after buying an additional 913,987 shares in the last quarter. Finally, Truist Financial Corp lifted its stake in iShares Gold Trust by 14.4% during the 2nd 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 in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $75.43 on Friday. iShares Gold Trust has a one year low of $48.29 and a one year high of $82.55. The company has a market cap of $62.16 billion, a P/E ratio of 5.53 and a beta of 0.09. The firm has a 50-day moving average of $73.08 and a 200-day moving average of $66.44.

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.