Greykasell Wealth Strategies Inc. Raises Holdings in iShares Gold Trust $IAU

Greykasell Wealth Strategies Inc. lifted its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 1,107.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,240 shares of the exchange traded fund’s stock after purchasing an additional 9,392 shares during the period. Greykasell Wealth Strategies Inc.’s holdings in iShares Gold Trust were worth $831,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Gold Trust in the 4th quarter valued at about $25,000. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth approximately $25,000. Gables Capital Management Inc. raised its stake in shares of iShares Gold Trust by 173.1% during the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 225 shares during the period. Dakota Community Bank & Trust NA acquired a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $30,000. Finally, Key Capital Management INC acquired a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $81.22 on Friday. The company has a market cap of $69.15 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The stock has a 50 day simple moving average of $87.03 and a 200-day simple moving average of $87.51. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40.

Key Headlines Impacting iShares Gold Trust

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iShares Gold Trust Company 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).

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

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