Worth Asset Management LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 266.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 18,984 shares of the exchange traded fund’s stock after purchasing an additional 13,802 shares during the quarter. Worth Asset Management LLC’s holdings in iShares Gold Trust were worth $940,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of IAU. One Wealth Capital Management LLC acquired a new stake in iShares Gold Trust in the 4th quarter valued at $614,000. Advance Capital Management Inc. boosted its position in shares of iShares Gold Trust by 30.1% in the fourth quarter. Advance Capital Management Inc. now owns 9,856 shares of the exchange traded fund’s stock worth $488,000 after buying an additional 2,280 shares during the period. Silverleafe Capital Partners LLC grew its stake in shares of iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after buying an additional 689 shares in the last quarter. Global Wealth Strategies & Associates grew its stake in shares of iShares Gold Trust by 3.9% in the fourth quarter. Global Wealth Strategies & Associates now owns 133,502 shares of the exchange traded fund’s stock valued at $6,610,000 after buying an additional 5,033 shares in the last quarter. Finally, Confluence Investment Management LLC raised its holdings in shares of iShares Gold Trust by 4.1% during the 4th quarter. Confluence Investment Management LLC now owns 14,962 shares of the exchange traded fund’s stock valued at $741,000 after buying an additional 592 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.
iShares Gold Trust Stock Up 0.3 %
NYSEARCA IAU traded up $0.15 on Wednesday, reaching $50.16. The company had a trading volume of 3,310,867 shares, compared to its average volume of 3,913,635. The firm has a 50-day moving average of $49.99 and a 200-day moving average of $48.39. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69.
iShares Gold Trust Company 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.
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