64,056 Shares in iShares Gold Trust $IAU Bought by Howard Capital Management Inc.

Howard Capital Management Inc. bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 64,056 shares of the exchange traded fund’s stock, valued at approximately $4,661,000.

Other hedge funds also recently modified their holdings of the company. MTM Investment Management LLC acquired a new position in shares of iShares Gold Trust in the 2nd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. bought a new stake in iShares Gold Trust during the 3rd quarter worth about $29,000. Keener Financial Planning LLC bought a new stake in shares of iShares Gold Trust during the second quarter worth approximately $25,000. Private Wealth Management Group LLC lifted its stake in shares of iShares Gold Trust by 290.9% in the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 320 shares during the period. Finally, Key Financial Inc acquired a new position in iShares Gold Trust in the second quarter valued at about $28,000. Institutional investors own 59.67% of the company’s stock.

Key Headlines Impacting iShares Gold Trust

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iShares Gold Trust Trading Down 10.2%

IAU stock opened at $91.20 on Friday. The business’s 50-day moving average price is $84.38 and its two-hundred day moving average price is $74.99. iShares Gold Trust has a 1-year low of $52.74 and a 1-year high of $104.40. The firm has a market cap of $77.00 billion, a PE ratio of 5.53 and a beta of 0.09.

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

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