iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 962.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,455 shares of the exchange traded fund’s stock after acquiring an additional 52,955 shares during the period. Pettinga Financial Advisors LLC’s holdings in iShares Gold Trust were worth $2,894,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Quadrant Private Wealth Management LLC lifted its stake in shares of iShares Gold Trust by 2.3% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock worth $426,000 after acquiring an additional 195 shares during the period. TPG Advisors LLC lifted its stake in shares of iShares Gold Trust by 0.7% in the 4th quarter. TPG Advisors LLC now owns 28,025 shares of the exchange traded fund’s stock worth $1,388,000 after acquiring an additional 199 shares during the period. Betterment LLC lifted its stake in shares of iShares Gold Trust by 1.8% in the 4th quarter. Betterment LLC now owns 11,021 shares of the exchange traded fund’s stock worth $546,000 after acquiring an additional 199 shares during the period. Nomura Asset Management Co. Ltd. lifted its stake in shares of iShares Gold Trust by 0.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 53,600 shares of the exchange traded fund’s stock worth $2,654,000 after acquiring an additional 200 shares during the period. Finally, Riggs Asset Managment Co. Inc. lifted its stake in shares of iShares Gold Trust by 1.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 212 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 0.9%

Shares of NYSEARCA:IAU opened at $62.03 on Friday. The company has a 50 day moving average of $60.34 and a 200-day moving average of $54.73. The firm has a market cap of $46.47 billion, a P/E ratio of -37.79 and a beta of 0.13. iShares Gold Trust has a twelve month low of $43.24 and a twelve month high of $64.98.

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.