55,025 Shares in iShares Gold Trust $IAU Bought by Shrier Wealth Management LLC

Shrier Wealth Management LLC acquired a new stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the fourth quarter, Holdings Channel.com reports. The firm acquired 55,025 shares of the exchange traded fund’s stock, valued at approximately $4,466,000. iShares Gold Trust makes up about 1.8% of Shrier Wealth Management LLC’s portfolio, making the stock its 12th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Ehrlich Financial Group increased its holdings in iShares Gold Trust by 15.3% in the third quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock valued at $3,266,000 after buying an additional 5,943 shares in the last quarter. Bay Harbor Wealth Management LLC boosted its stake in shares of iShares Gold Trust by 63.6% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock worth $4,041,000 after acquiring an additional 21,596 shares in the last quarter. First Horizon Corp acquired a new stake in shares of iShares Gold Trust during the 3rd quarter valued at about $1,863,000. Strategic Blueprint LLC grew its position in shares of iShares Gold Trust by 30.2% during the 3rd quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock valued at $9,964,000 after acquiring an additional 31,746 shares during the period. Finally, MA Private Wealth increased its stake in shares of iShares Gold Trust by 10.3% in the 3rd quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock valued at $11,480,000 after purchasing an additional 14,705 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 3.8%

Shares of iShares Gold Trust stock opened at $88.16 on Wednesday. The firm has a market cap of $74.44 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a twelve month low of $55.78 and a twelve month high of $104.40. The business has a 50-day moving average price of $93.30 and a 200 day moving average price of $83.59.

iShares Gold Trust News Summary

Here are the key news stories impacting iShares Gold Trust this week:

About iShares Gold Trust

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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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:IAUFree Report).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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