iShares Gold Trust $IAU Shares Bought by Advisory Alpha LLC

Advisory Alpha LLC increased its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 12.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,642 shares of the exchange traded fund’s stock after purchasing an additional 6,093 shares during the quarter. Advisory Alpha LLC’s holdings in iShares Gold Trust were worth $4,042,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust during the 3rd quarter valued at $25,000. MTM Investment Management LLC acquired a new stake in shares of iShares Gold Trust during the second quarter worth $25,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of iShares Gold Trust during the third quarter valued at $29,000. Fourth Dimension Wealth LLC boosted its position in shares of iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 349 shares during the period. Finally, Key Financial Inc purchased a new position in iShares Gold Trust in the 2nd quarter worth about $28,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.8%

IAU stock opened at $96.65 on Thursday. iShares Gold Trust has a one year low of $54.34 and a one year high of $104.40. The firm has a market capitalization of $81.61 billion, a PE ratio of 5.53 and a beta of 0.09. The firm has a 50-day moving average of $91.09 and a two-hundred day moving average of $80.18.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

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

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