D L Carlson Investment Group Inc. Has $4.20 Million Stock Position in iShares Gold Trust (NYSEARCA:IAU)

D L Carlson Investment Group Inc. lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 54.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,798 shares of the exchange traded fund’s stock after buying an additional 29,965 shares during the period. D L Carlson Investment Group Inc.’s holdings in iShares Gold Trust were worth $4,198,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IAU. Proficio Capital Partners LLC boosted its stake in shares of iShares Gold Trust by 2,943.8% in the 4th quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock valued at $3,244,648,000 after purchasing an additional 63,382,112 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Gold Trust by 35.4% during the 4th quarter. LPL Financial LLC now owns 8,630,437 shares of the exchange traded fund’s stock valued at $427,293,000 after purchasing an additional 2,257,590 shares during the last quarter. Quadrature Capital Ltd acquired a new position in iShares Gold Trust in the third quarter valued at about $95,801,000. Truist Financial Corp grew its stake in iShares Gold Trust by 56.8% during the fourth quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after buying an additional 1,507,442 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Gold Trust by 4,039.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,118,460 shares of the exchange traded fund’s stock worth $55,375,000 after buying an additional 1,091,440 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU opened at $58.13 on Monday. The company has a market capitalization of $41.64 billion, a P/E ratio of -34.13 and a beta of 0.20. iShares Gold Trust has a one year low of $42.15 and a one year high of $58.98. The business’s 50 day simple moving average is $54.75 and its 200-day simple moving average is $51.75.

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.