Advance Capital Management Inc. Buys 2,280 Shares of iShares Gold Trust (NYSEARCA:IAU)

Advance Capital Management Inc. lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 30.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,856 shares of the exchange traded fund’s stock after purchasing an additional 2,280 shares during the period. Advance Capital Management Inc.’s holdings in iShares Gold Trust were worth $488,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. TCP Asset Management LLC boosted its position in shares of iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after acquiring an additional 195 shares during the period. Baker Avenue Asset Management LP grew its position in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 215 shares in the last quarter. Howard Financial Services LTD. increased its holdings in shares of iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 220 shares during the period. Avaii Wealth Management LLC raised its position in shares of iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after buying an additional 249 shares in the last quarter. Finally, FFG Partners LLC boosted its stake in shares of iShares Gold Trust by 0.9% in the third quarter. FFG Partners LLC now owns 29,300 shares of the exchange traded fund’s stock valued at $1,456,000 after buying an additional 267 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Down 0.1 %

NYSEARCA:IAU traded down $0.05 during trading hours on Monday, reaching $49.74. 3,624,829 shares of the company were exchanged, compared to its average volume of 3,633,989. The business has a 50 day moving average of $50.08 and a 200 day moving average of $48.31. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69.

About iShares Gold Trust

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.