Signature Estate & Investment Advisors LLC Has $557,000 Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Signature Estate & Investment Advisors LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,255 shares of the exchange traded fund’s stock after purchasing an additional 589 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares Gold Trust were worth $557,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Proficio Capital Partners LLC lifted its stake in iShares Gold Trust by 2,943.8% during the fourth quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock worth $3,244,648,000 after purchasing an additional 63,382,112 shares during the period. FMR LLC grew its position in iShares Gold Trust by 0.3% in the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock valued at $1,146,335,000 after acquiring an additional 60,784 shares during the period. JPMorgan Chase & Co. grew its position in iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after acquiring an additional 981,362 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares Gold Trust by 35.4% during the fourth quarter. LPL Financial LLC now owns 8,630,437 shares of the exchange traded fund’s stock valued at $427,293,000 after acquiring an additional 2,257,590 shares during the period. Finally, WealthNavi Inc. boosted its stake in shares of iShares Gold Trust by 2.4% in the 4th quarter. WealthNavi Inc. now owns 5,924,001 shares of the exchange traded fund’s stock valued at $293,297,000 after purchasing an additional 141,211 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Down 0.1 %

Shares of iShares Gold Trust stock opened at $56.92 on Thursday. The stock has a market capitalization of $40.78 billion, a P/E ratio of -34.13 and a beta of 0.20. iShares Gold Trust has a 12-month low of $41.33 and a 12-month high of $57.59. The company has a 50-day simple moving average of $54.48 and a 200 day simple moving average of $51.57.

iShares Gold Trust 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.