Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equit y Securities and Use of Proceeds.
(a) There have been no unregistered sales of Shares. No Shares are authorized for issuance by the Trust under equity compensation plans.
(b) Not applicable.
(c) Although the Trust did not redeem Shares directly from its shareholders, the Trust redeemed Baskets from Authorized
Participants during the three months ended March 31, 2025 as follows:
Period of Redemption
Total Number of Shares Redeemed
Average Price Paid per Share
January 1, 2025 to January 31, 2025
150,000
$
94.77
February 1, 2025 to February 28, 2025
50,000
$
96.17
March 1, 2025 to March 31, 2025
50,000
$
100.15
Total
250,000
$
96.13
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safe ty Disclosures.
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.