BSW Wealth Partners Has $6.06 Million Stake in iShares Gold Trust (NYSEARCA:IAU)

BSW Wealth Partners reduced its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 11.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 162,183 shares of the exchange traded fund’s stock after selling 19,969 shares during the period. iShares Gold Trust comprises about 1.2% of BSW Wealth Partners’ investment portfolio, making the stock its 15th biggest position. BSW Wealth Partners’ holdings in iShares Gold Trust were worth $6,061,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. Natixis Advisors L.P. raised its stake in shares of iShares Gold Trust by 2.7% during the first quarter. Natixis Advisors L.P. now owns 18,628 shares of the exchange traded fund’s stock worth $686,000 after buying an additional 486 shares during the last quarter. BlackRock Inc. raised its position in shares of iShares Gold Trust by 17.0% in the 1st quarter. BlackRock Inc. now owns 3,061,470 shares of the exchange traded fund’s stock valued at $112,754,000 after acquiring an additional 445,160 shares during the period. Cibc World Market Inc. grew its holdings in iShares Gold Trust by 43.2% during the first quarter. Cibc World Market Inc. now owns 93,543 shares of the exchange traded fund’s stock valued at $3,445,000 after purchasing an additional 28,233 shares during the period. Allianz Asset Management GmbH acquired a new position in iShares Gold Trust during the first quarter valued at approximately $3,469,000. Finally, Moors & Cabot Inc. raised its stake in iShares Gold Trust by 10.0% during the 1st quarter. Moors & Cabot Inc. now owns 15,156 shares of the exchange traded fund’s stock worth $558,000 after buying an additional 1,380 shares during the period. 58.45% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $36.42 on Tuesday. The company’s fifty day simple moving average is $36.60 and its 200 day simple moving average is $36.91. iShares Gold Trust has a 12 month low of $30.69 and a 12 month high of $39.04.

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.