Stratos Wealth Partners LTD. Purchases 191,780 Shares of iShares Gold Trust $IAU

Stratos Wealth Partners LTD. lifted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 92.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 399,941 shares of the exchange traded fund’s stock after buying an additional 191,780 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares Gold Trust were worth $29,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. MTM Investment Management LLC bought a new stake in shares of iShares Gold Trust during the 2nd quarter valued at about $25,000. Private Wealth Management Group LLC boosted its holdings in shares of iShares Gold Trust by 290.9% in the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 320 shares during the last quarter. Key Financial Inc purchased a new position in shares of iShares Gold Trust in the second quarter worth approximately $28,000. Mountain Hill Investment Partners Corp. bought a new stake in iShares Gold Trust during the third quarter valued at approximately $29,000. Finally, Traub Capital Management LLC purchased a new stake in iShares Gold Trust during the second quarter valued at approximately $31,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 1.0%

IAU opened at $94.71 on Wednesday. iShares Gold Trust has a 1-year low of $53.44 and a 1-year high of $104.40. The firm’s 50 day simple moving average is $86.31 and its two-hundred day simple moving average is $76.59. The company has a market capitalization of $79.97 billion, a PE ratio of 5.53 and a beta of 0.09.

Key iShares Gold Trust News

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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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