Blue Edge Capital LLC Raises Holdings in iShares Gold Trust (NYSEARCA:IAU)


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Blue Edge Capital LLC increased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 2.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 138,432 shares of the exchange traded fund’s stock after acquiring an additional 3,391 shares during the period. Blue Edge Capital LLC’s holdings in iShares Gold Trust were worth $2,510,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IAU. Roble Belko & Company Inc boosted its position in shares of iShares Gold Trust by 171.7% during the third quarter. Roble Belko & Company Inc now owns 1,459 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 922 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of iShares Gold Trust during the third quarter worth $30,000. Regal Wealth Group Inc. purchased a new position in shares of iShares Gold Trust during the fourth quarter worth $30,000. Simon Quick Advisors LLC purchased a new position in shares of iShares Gold Trust during the fourth quarter worth $31,000. Finally, Ropes Wealth Advisors LLC purchased a new position in shares of iShares Gold Trust during the fourth quarter worth $32,000. Institutional investors own 53.64% of the company’s stock.

Shares of IAU traded down $0.01 during midday trading on Tuesday, hitting $17.22. 1,025,308 shares of the stock were exchanged, compared to its average volume of 22,609,715. iShares Gold Trust has a 52-week low of $13.80 and a 52-week high of $19.76. The stock has a fifty day simple moving average of $17.53 and a 200 day simple moving average of $17.76.

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.

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

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