Prairie Wealth Advisors Inc. Has $6.02 Million Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Prairie Wealth Advisors Inc. grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,525 shares of the exchange traded fund’s stock after buying an additional 7,733 shares during the period. iShares Gold Trust accounts for about 2.9% of Prairie Wealth Advisors Inc.’s investment portfolio, making the stock its 5th largest position. Prairie Wealth Advisors Inc.’s holdings in iShares Gold Trust were worth $6,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in shares of iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares during the last quarter. Independent Family Office LLC lifted its holdings in shares of iShares Gold Trust by 4.1% in the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after buying an additional 16,827 shares during the period. Silverleafe Capital Partners LLC grew its holdings in iShares Gold Trust by 0.4% during the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after acquiring an additional 689 shares in the last quarter. Merit Financial Group LLC increased its holdings in shares of iShares Gold Trust by 177.6% in the 4th quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after acquiring an additional 32,975 shares during the period. Finally, International Assets Investment Management LLC grew its position in shares of iShares Gold Trust by 4,843.7% in the 3rd quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after buying an additional 229,303 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $53.89 on Friday. The firm has a 50 day moving average of $50.63 and a 200 day moving average of $49.38. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $54.40.

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.