Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity 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 September 30, 2020 as follows:
Period of Redemption
Total Number of Shares Redeemed
Average Price Paid Per Share
July 1, 2020 to July 31, 2020
—
—
August 1, 2020 to August 31, 2020
300,000
111.13
September 1, 2020 to September 30, 2020
350,000
110.75
Total
650,000
$
110.93
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety 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.