Gateway Wealth Partners LLC Buys 7,387 Shares of iShares Gold Trust (NYSEARCA:IAU)

Gateway Wealth Partners LLC increased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 147.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,402 shares of the exchange traded fund’s stock after acquiring an additional 7,387 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares Gold Trust were worth $614,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of IAU. Quadrature Capital Ltd bought a new stake in iShares Gold Trust during the third quarter worth about $95,801,000. Truist Financial Corp grew its position in shares of iShares Gold Trust by 118.9% in the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock valued at $108,303,000 after purchasing an additional 1,339,100 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of iShares Gold Trust by 6,538.7% in the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after purchasing an additional 672,568 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in shares of iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after purchasing an additional 666,330 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.8 %

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 stock’s 50 day moving average is $50.22 and its 200-day moving average is $49.06.

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.