One Wealth Capital Management LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,397 shares of the exchange traded fund’s stock, valued at approximately $614,000.
Several other institutional investors and hedge funds have also modified their holdings of IAU. TCP Asset Management LLC raised its position in iShares Gold Trust by 3.0% during the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after purchasing an additional 195 shares in the last quarter. Baker Avenue Asset Management LP boosted its stake in shares of iShares Gold Trust by 2.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after purchasing an additional 215 shares in the last quarter. Howard Financial Services LTD. grew its holdings in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after purchasing an additional 220 shares during the last quarter. Avaii Wealth Management LLC lifted its stake in iShares Gold Trust by 1.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after purchasing an additional 249 shares during the last quarter. Finally, FFG Partners LLC grew its stake in shares of iShares Gold Trust by 0.9% during the third quarter. FFG Partners LLC now owns 29,300 shares of the exchange traded fund’s stock worth $1,456,000 after buying an additional 267 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Trading Up 0.5 %
Shares of NYSEARCA IAU traded up $0.24 during mid-day trading on Tuesday, hitting $49.98. 4,704,919 shares of the stock traded hands, compared to its average volume of 3,805,431. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69. The firm has a 50 day simple moving average of $50.04 and a two-hundred day simple moving average of $48.35.
iShares Gold Trust Profile
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.
Read More
- Five stocks we like better than iShares Gold Trust
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Disney: Forging a 3-Headed Sports Streaming Giant With Fubo Deal
- There Are Different Types of Stock To Invest In
- How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later
- What Are the FAANG Stocks and Are They Good Investments?
- Bill Ackman’s Bold Case for Fannie Mae and Freddie Mac
Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.