3,454 Shares in iShares Gold Trust $IAU Purchased by Alexander Labrunerie & CO. Inc.

Alexander Labrunerie & CO. Inc. bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,454 shares of the exchange traded fund’s stock, valued at approximately $215,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Diversified Enterprises LLC grew its holdings in 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 acquiring an additional 163 shares during the period. Red Mountain Financial LLC grew its holdings 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 grew its holdings 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. New Hampshire Trust grew its holdings in iShares Gold Trust by 4.2% in the second quarter. New Hampshire Trust now owns 4,286 shares of the exchange traded fund’s stock valued at $267,000 after purchasing an additional 171 shares during the period. Finally, Mosaic Family Wealth Partners LLC grew its holdings 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. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 2.8%

Shares of IAU opened at $75.15 on Tuesday. iShares Gold Trust has a 12 month low of $48.29 and a 12 month high of $82.55. The stock’s 50 day moving average is $71.03 and its two-hundred day moving average is $65.65. The firm has a market cap of $62.21 billion, a P/E ratio of 5.53 and a beta of 0.09.

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.