EP Wealth Advisors LLC Buys 6,919 Shares of iShares Gold Trust (NYSEARCA:IAU)

EP Wealth Advisors LLC increased its stake in iShares Gold Trust (NYSEARCA:IAU) by 41.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,619 shares of the exchange traded fund’s stock after buying an additional 6,919 shares during the quarter. EP Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $1,169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Tucker Asset Management LLC boosted its stake in shares of iShares Gold Trust by 106.9% during the 4th quarter. Tucker Asset Management LLC now owns 509 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 263 shares during the period. Compass Financial Services Inc bought a new stake in iShares Gold Trust in the fourth quarter worth about $27,000. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $28,000. Wintrust Investments LLC bought a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $29,000. Finally, Financial Life Planners purchased a new stake in shares of iShares Gold Trust in the fourth quarter worth approximately $33,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $62.77 on Friday. The stock has a 50 day moving average price of $59.30 and a 200 day moving average price of $54.15. iShares Gold Trust has a 52-week low of $43.24 and a 52-week high of $64.98. The firm has a market capitalization of $46.11 billion, a P/E ratio of -37.96 and a beta of 0.17.

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.