Bourgeon Capital Management LLC Buys 1,500 Shares of iShares Gold Trust (NYSEARCA:IAU)

Bourgeon Capital Management LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 31.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,346 shares of the exchange traded fund’s stock after acquiring an additional 1,500 shares during the period. Bourgeon Capital Management LLC’s holdings in iShares Gold Trust were worth $314,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IAU. Farrell Financial LLC raised its holdings in shares of iShares Gold Trust by 0.8% in the fourth quarter. Farrell Financial LLC now owns 48,852 shares of the exchange traded fund’s stock valued at $2,419,000 after acquiring an additional 368 shares in the last quarter. Exchange Bank acquired a new stake in iShares Gold Trust during the 4th quarter valued at approximately $305,000. Atomi Financial Group Inc. lifted its holdings in shares of iShares Gold Trust by 14.5% in the 4th quarter. Atomi Financial Group Inc. now owns 123,965 shares of the exchange traded fund’s stock valued at $6,138,000 after buying an additional 15,717 shares during the period. Transform Wealth LLC increased its holdings in shares of iShares Gold Trust by 4,996.4% during the 4th quarter. Transform Wealth LLC now owns 298,295 shares of the exchange traded fund’s stock valued at $14,769,000 after purchasing an additional 292,442 shares in the last quarter. Finally, Clear Harbor Asset Management LLC raised its holdings in iShares Gold Trust by 1.9% in the 4th quarter. Clear Harbor Asset Management LLC now owns 210,839 shares of the exchange traded fund’s stock worth $10,439,000 after purchasing an additional 3,973 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $51.75 on Wednesday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The company has a fifty day moving average of $49.90 and a two-hundred day moving average of $48.81.

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.