Mayflower Financial Advisors LLC Increases Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Mayflower Financial Advisors LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,886 shares of the exchange traded fund’s stock after purchasing an additional 497 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares Gold Trust were worth $886,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in IAU. JPMorgan Chase & Co. boosted its stake in iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares during the period. Independent Family Office LLC raised its holdings in shares of iShares Gold Trust by 4.1% in the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after buying an additional 16,827 shares during the last quarter. Silverleafe Capital Partners LLC boosted its stake in shares of iShares Gold Trust by 0.4% during the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after buying an additional 689 shares during the period. Merit Financial Group LLC grew its holdings in shares of iShares Gold Trust by 177.6% during the fourth quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock worth $2,552,000 after buying an additional 32,975 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in iShares Gold Trust by 4,843.7% in the 3rd quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock valued at $11,632,000 after acquiring an additional 229,303 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.8 %

IAU opened at $52.18 on Wednesday. The business has a 50 day moving average price of $50.22 and a two-hundred day moving average price of $49.06. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.69.

About iShares Gold Trust

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.