Fearless Solutions LLC dba Best Invest Has $6.51 Million Holdings in iShares Gold Trust $IAU

Fearless Solutions LLC dba Best Invest raised its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 14.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 80,152 shares of the exchange traded fund’s stock after buying an additional 10,246 shares during the period. iShares Gold Trust accounts for 3.9% of Fearless Solutions LLC dba Best Invest’s investment portfolio, making the stock its 5th biggest holding. Fearless Solutions LLC dba Best Invest’s holdings in iShares Gold Trust were worth $6,506,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IAU. Ehrlich Financial Group raised its holdings in shares of iShares Gold Trust by 15.3% in the 3rd quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock worth $3,266,000 after purchasing an additional 5,943 shares during the period. Bay Harbor Wealth Management LLC raised its stake in shares of iShares Gold Trust by 63.6% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock valued at $4,041,000 after purchasing an additional 21,596 shares during the period. First Horizon Corp bought a new stake in shares of iShares Gold Trust during the third quarter valued at about $1,863,000. Strategic Blueprint LLC lifted its holdings in shares of iShares Gold Trust by 30.2% in the third quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock worth $9,964,000 after buying an additional 31,746 shares in the last quarter. Finally, MA Private Wealth lifted its stake in iShares Gold Trust by 10.3% in the 3rd quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock worth $11,480,000 after purchasing an additional 14,705 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust News Summary

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

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $87.94 on Friday. iShares Gold Trust has a one year low of $55.78 and a one year high of $104.40. The firm has a fifty day moving average price of $93.06 and a two-hundred day moving average price of $83.79. The company has a market cap of $74.87 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

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).

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

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