iShares Gold Trust (NYSEARCA:IAU) Stock Holdings Raised by Global Wealth Strategies & Associates

Global Wealth Strategies & Associates lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 133,502 shares of the exchange traded fund’s stock after purchasing an additional 5,033 shares during the period. iShares Gold Trust comprises about 2.1% of Global Wealth Strategies & Associates’ investment portfolio, making the stock its 12th biggest holding. Global Wealth Strategies & Associates’ holdings in iShares Gold Trust were worth $6,610,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IAU. TCP Asset Management LLC increased its stake in iShares Gold Trust by 3.0% during the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after purchasing an additional 195 shares during the last quarter. Baker Avenue Asset Management LP grew its position in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after buying an additional 215 shares during the last quarter. Howard Financial Services LTD. raised its stake in iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 220 shares during the period. Avaii Wealth Management LLC lifted its holdings in iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 249 shares during the last quarter. Finally, FFG Partners LLC boosted its stake in iShares Gold Trust by 0.9% in the third quarter. FFG Partners LLC now owns 29,300 shares of the exchange traded fund’s stock valued at $1,456,000 after acquiring an additional 267 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 1.2 %

Shares of NYSEARCA:IAU traded up $0.61 during trading on Thursday, hitting $50.12. 3,022,000 shares of the company traded hands, compared to its average volume of 5,869,504. The business’s fifty day moving average is $50.15 and its 200-day moving average is $48.19. iShares Gold Trust has a one year low of $37.53 and a one year high of $52.69.

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.