Advisory Services Network LLC Acquires 3,767 Shares of iShares Gold Trust (NYSEARCA:IAU)

Advisory Services Network LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAUGet Rating) by 6.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,331 shares of the exchange traded fund’s stock after purchasing an additional 3,767 shares during the period. Advisory Services Network LLC’s holdings in iShares Gold Trust were worth $2,332,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in IAU. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Gold Trust by 5.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 41,899,959 shares of the exchange traded fund’s stock valued at $1,543,176,000 after acquiring an additional 2,300,878 shares during the last quarter. Charles Schwab Investment Advisory Inc. raised its stake in shares of iShares Gold Trust by 1.4% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 21,165,835 shares of the exchange traded fund’s stock valued at $779,537,000 after acquiring an additional 292,574 shares during the last quarter. Personal Capital Advisors Corp raised its stake in shares of iShares Gold Trust by 3.2% during the first quarter. Personal Capital Advisors Corp now owns 13,555,631 shares of the exchange traded fund’s stock valued at $499,254,000 after acquiring an additional 416,953 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of iShares Gold Trust by 231.5% during the fourth quarter. Alliancebernstein L.P. now owns 8,629,238 shares of the exchange traded fund’s stock valued at $300,384,000 after acquiring an additional 6,025,918 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of iShares Gold Trust by 24.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 7,397,408 shares of the exchange traded fund’s stock valued at $272,323,000 after acquiring an additional 1,436,094 shares during the last quarter. 59.24% of the stock is owned by institutional investors.

iShares Gold Trust Stock Up 0.5 %

Shares of NYSEARCA:IAU opened at $31.75 on Friday. The company has a 50-day moving average price of $32.97 and a 200-day moving average price of $34.82. iShares Gold Trust has a 12 month low of $31.45 and a 12 month high of $39.36.

iShares Gold Trust Profile

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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.

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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