Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $1.23 Million Stake in iShares Gold Trust (NYSEARCA:IAU)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,800 shares of the exchange traded fund’s stock after purchasing an additional 802 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares Gold Trust were worth $1,228,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after acquiring an additional 981,362 shares during the last quarter. Independent Family Office LLC boosted its holdings in iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after purchasing an additional 16,827 shares during the last quarter. Silverleafe Capital Partners LLC increased its stake in iShares Gold Trust by 0.4% in the 4th 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 during the last quarter. Merit Financial Group LLC lifted its position in iShares Gold Trust by 177.6% during the 4th quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock worth $2,552,000 after buying an additional 32,975 shares in the last quarter. Finally, International Assets Investment Management LLC raised its holdings in iShares Gold Trust by 4,843.7% during the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after acquiring an additional 229,303 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.8 %

Shares of iShares Gold Trust stock opened at $52.18 on Wednesday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.69. The business’s 50 day moving average is $50.22 and its 200-day moving average is $49.06.

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.