Well Done LLC Buys 5,143 Shares of iShares Gold Trust (NYSEARCA:IAU)

Well Done LLC grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,873 shares of the exchange traded fund’s stock after purchasing an additional 5,143 shares during the period. iShares Gold Trust makes up 1.4% of Well Done LLC’s investment portfolio, making the stock its 11th largest holding. Well Done LLC’s holdings in iShares Gold Trust were worth $7,896,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of IAU. Private Ocean LLC bought a new stake in iShares Gold Trust during the first quarter worth about $29,000. Global Trust Asset Management LLC boosted its stake in iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. bought a new stake in iShares Gold Trust during the second quarter worth about $31,000. Opal Wealth Advisors LLC bought a new stake in iShares Gold Trust during the second quarter worth about $34,000. Finally, Pacifica Partners Inc. bought a new stake in iShares Gold Trust during the second quarter worth about $35,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.8 %

NYSEARCA:IAU traded up $0.40 during mid-day trading on Friday, hitting $51.24. 308,200 shares of the company’s stock were exchanged, compared to its average volume of 5,922,808. The business has a fifty day moving average price of $48.49 and a 200 day moving average price of $45.91. iShares Gold Trust has a one year low of $36.57 and a one year high of $51.27.

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.