US Bancorp DE Has $34.34 Million Stock Holdings in iShares Gold Trust $IAU

US Bancorp DE cut its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 423,089 shares of the exchange traded fund’s stock after selling 6,333 shares during the quarter. US Bancorp DE’s holdings in iShares Gold Trust were worth $34,342,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IAU. Abich Financial Wealth Management LLC acquired a new stake in iShares Gold Trust in the third quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in iShares Gold Trust in the third quarter valued at approximately $29,000. Dakota Community Bank & Trust NA acquired a new stake in iShares Gold Trust in the fourth quarter valued at approximately $30,000. Fourth Dimension Wealth LLC lifted its stake in iShares Gold Trust by 436.3% in the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 349 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in iShares Gold Trust in the third quarter valued at approximately $31,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting iShares Gold Trust

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Stock Performance

IAU opened at $86.72 on Friday. The company has a market cap of $73.83 billion, a PE ratio of 5.53 and a beta of 0.16. The stock has a 50-day moving average of $90.99 and a 200-day moving average of $86.00. iShares Gold Trust has a 52-week low of $59.71 and a 52-week high of $104.40.

iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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