Blume Capital Management Inc. Buys 470 Shares of iShares Gold Trust $IAU

Blume Capital Management Inc. lifted its position in iShares Gold Trust (NYSEARCA:IAU) by 85.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,020 shares of the exchange traded fund’s stock after buying an additional 470 shares during the quarter. Blume Capital Management Inc.’s holdings in iShares Gold Trust were worth $64,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Brighton Jones LLC bought a new stake in iShares Gold Trust during the fourth quarter valued at about $1,864,000. Bison Wealth LLC increased its stake in shares of iShares Gold Trust by 78.5% in the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after purchasing an additional 7,379 shares during the period. GAMMA Investing LLC lifted its position in shares of iShares Gold Trust by 17.6% during the 1st quarter. GAMMA Investing LLC now owns 1,635 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 245 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in iShares Gold Trust during the 1st quarter valued at approximately $267,000. Finally, JFS Wealth Advisors LLC boosted its stake in iShares Gold Trust by 301.4% during the 1st quarter. JFS Wealth Advisors LLC now owns 15,503 shares of the exchange traded fund’s stock valued at $914,000 after purchasing an additional 11,641 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Down 6.2%

IAU opened at $77.38 on Wednesday. The business has a 50 day moving average of $69.93 and a 200-day moving average of $65.04. The stock has a market capitalization of $64.43 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 1-year low of $48.29 and a 1-year high of $82.55.

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.