Atwater Malick LLC Boosts Stake in iShares Gold Trust $IAU

Atwater Malick LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 8.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,307 shares of the exchange traded fund’s stock after buying an additional 332 shares during the period. Atwater Malick LLC’s holdings in iShares Gold Trust were worth $269,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Diversified Enterprises LLC grew its position in iShares Gold Trust by 4.6% in the 2nd 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 period. Red Mountain Financial LLC grew its holdings in shares of 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 worth $2,888,000 after acquiring an additional 165 shares during the period. Alpha Cubed Investments LLC grew its holdings in shares of 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 worth $255,000 after acquiring an additional 168 shares during the period. Mosaic Family Wealth Partners LLC increased its position in iShares Gold Trust by 1.5% during 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 acquiring an additional 173 shares during the last quarter. Finally, Hoey Investments Inc. lifted its stake in shares of iShares Gold Trust by 30.4% in the 1st quarter. Hoey Investments Inc. now owns 750 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 175 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Down 0.3%

IAU opened at $72.65 on Friday. The company’s 50 day moving average is $66.23 and its 200 day moving average is $63.24. The company has a market cap of $59.35 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12-month low of $48.29 and a 12-month high of $73.43.

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.