NTV Asset Management LLC raised its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 0.7% in the 4th quarter, HoldingsChannel reports. The firm owned 191,980 shares of the exchange traded fund’s stock after acquiring an additional 1,377 shares during the quarter. iShares Gold Trust makes up 1.3% of NTV Asset Management LLC’s portfolio, making the stock its 16th biggest position. NTV Asset Management LLC’s holdings in iShares Gold Trust were worth $9,505,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Exchange Traded Concepts LLC bought a new stake in iShares Gold Trust in the third quarter valued at $163,000. Good Life Advisors LLC bought a new stake in iShares Gold Trust in the third quarter valued at $436,000. Bleakley Financial Group LLC increased its stake in iShares Gold Trust by 48.8% in the third quarter. Bleakley Financial Group LLC now owns 18,972 shares of the exchange traded fund’s stock valued at $943,000 after purchasing an additional 6,221 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in iShares Gold Trust by 4.8% in the third quarter. Stratos Wealth Partners LTD. now owns 158,557 shares of the exchange traded fund’s stock valued at $7,880,000 after purchasing an additional 7,260 shares in the last quarter. Finally, Stratos Wealth Advisors LLC increased its stake in iShares Gold Trust by 2.2% in the third quarter. Stratos Wealth Advisors LLC now owns 58,588 shares of the exchange traded fund’s stock valued at $2,912,000 after purchasing an additional 1,250 shares in the last quarter. 59.67% of the stock is owned by institutional investors.
iShares Gold Trust Stock Down 1.5 %
IAU opened at $54.46 on Monday. iShares Gold Trust has a 1-year low of $37.76 and a 1-year high of $55.29. The company has a fifty day moving average price of $51.28 and a two-hundred day moving average price of $49.83.
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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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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