Item 2. Unregistered Sales of Equity Securities
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds
a)
None.
b)
Not applicable.
15
Table of Contents
c)
As of the date of the formation of the Trust on November 12, 2004, the NAV of the Trust, which represents the value of the gold deposited in the Trust, was $13,081,500, and the NAV per Share was $43.60. Since formation and through March 31, 2021, 17,088 Baskets (1,708,800,000 Shares) have been created and 13,529 Baskets (1,352,900,000 Shares) have been redeemed.
Period
Total Number of
Shares
Redeemed
Average Ounces of Gold
Per Share
1/1/21 to 1/31/21
20,200,000
.09377
2/1/21 to 2/28/21
23,500,000
.09374
3/1/21 to 3/31/21
24,200,000
.09371
Total
67,900,000
.09374
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.