iShares Gold Trust $IAU Shares Acquired by TruWealth Advisors LLC

TruWealth Advisors LLC increased its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 72.8% during the 4th quarter, Holdings Channel reports. The fund owned 236,415 shares of the exchange traded fund’s stock after purchasing an additional 99,606 shares during the quarter. TruWealth Advisors LLC’s holdings in iShares Gold Trust were worth $19,190,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust during the 3rd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in iShares Gold Trust during the third quarter valued at $29,000. Measured Wealth Private Client Group LLC purchased a new position in iShares Gold Trust in the third quarter valued at $31,000. Fourth Dimension Wealth LLC raised its holdings in iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 349 shares during the period. Finally, SOA Wealth Advisors LLC. increased its stake in iShares Gold Trust by 230.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 322 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 3.1%

Shares of NYSEARCA IAU opened at $84.70 on Friday. The firm has a 50-day simple moving average of $93.65 and a 200-day simple moving average of $82.57. The stock has a market capitalization of $71.52 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40.

iShares Gold Trust News Roundup

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

iShares Gold Trust Profile

(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).

Recommended Stories

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)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.