Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
(a) None.
(b) Not applicable.
(c) UGA does not purchase shares directly from its shareholders. In connection with its redemption of baskets held by Authorized Participants, UGA redeemed 5 baskets (comprising 250,000 shares) during the first quarter of the year ending December 31, 2025. The following table summarizes the redemptions by Authorized Participants during the three months ended March 31, 2025:
Issuer Purchases of Equity Securities
Total
Number of
Shares
Average Price Per
Period
Redeemed
Share
1/1/25 to 1/31/25
(50,000)
$
65.40
2/1/25 to 2/28/25
(150,000)
$
64.23
3/1/25 to 3/31/25
(50,000)
$
61.44
Total
(250,000)
43
Table of Contents
Item 3. Defaults Upon Senior Securities.
Not applicable.
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.