3,382 Shares in iShares Gold Trust $IAU Purchased by Obsidian Personal Planning Solutions LLC

Obsidian Personal Planning Solutions LLC purchased a new position in iShares Gold Trust (NYSEARCA:IAU) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,382 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Envestnet Asset Management Inc. raised its position in iShares Gold Trust by 63.1% in the first quarter. Envestnet Asset Management Inc. now owns 17,575,718 shares of the exchange traded fund’s stock worth $1,036,264,000 after acquiring an additional 6,797,066 shares in the last quarter. LPL Financial LLC raised its position in iShares Gold Trust by 29.6% in the first quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock worth $659,340,000 after acquiring an additional 2,552,405 shares in the last quarter. Erste Asset Management GmbH bought a new stake in iShares Gold Trust in the first quarter worth about $68,629,000. Charles Schwab Investment Management Inc. raised its position in iShares Gold Trust by 1,357.2% in 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 acquiring an additional 913,987 shares in the last quarter. Finally, Park Avenue Securities LLC raised its position in iShares Gold Trust by 101.4% in the first quarter. Park Avenue Securities LLC now owns 1,374,967 shares of the exchange traded fund’s stock worth $81,068,000 after acquiring an additional 692,113 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 1.3%

Shares of iShares Gold Trust stock opened at $67.76 on Friday. The company’s 50-day moving average price is $63.56 and its two-hundred day moving average price is $61.32. iShares Gold Trust has a 52 week low of $46.94 and a 52 week high of $67.85. The stock has a market cap of $51.91 billion, a PE ratio of 5.53 and a beta of 0.15.

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.