iShares Gold Trust $IAU Shares Purchased by TriaGen Wealth Management LLC

TriaGen Wealth Management LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,558 shares of the exchange traded fund’s stock after purchasing an additional 1,076 shares during the quarter. iShares Gold Trust makes up about 1.6% of TriaGen Wealth Management LLC’s holdings, making the stock its 10th biggest position. TriaGen Wealth Management LLC’s holdings in iShares Gold Trust were worth $5,148,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Diversified Enterprises LLC raised its position in iShares Gold Trust by 4.6% in the second 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 in the last quarter. Red Mountain Financial LLC grew its stake in shares of iShares Gold Trust by 0.4% in the 2nd 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 stake in shares of iShares Gold Trust by 4.0% in the 1st 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. Mosaic Family Wealth Partners LLC raised its holdings in shares of iShares Gold Trust by 1.5% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 11,345 shares of the exchange traded fund’s stock worth $669,000 after buying an additional 173 shares in the last quarter. Finally, Hoey Investments Inc. lifted its position in shares of iShares Gold Trust by 30.4% during the 1st quarter. Hoey Investments Inc. now owns 750 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 175 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $74.62 on Tuesday. The stock’s fifty day simple moving average is $66.68 and its 200 day simple moving average is $63.55. iShares Gold Trust has a one year low of $48.29 and a one year high of $74.80. The firm has a market cap of $61.24 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15.

iShares Gold Trust 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.