Advisory Services Network LLC Purchases 35,018 Shares of iShares Gold Trust $IAU

Advisory Services Network LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 20.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 207,238 shares of the exchange traded fund’s stock after buying an additional 35,018 shares during the quarter. Advisory Services Network LLC’s holdings in iShares Gold Trust were worth $15,081,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IAU. Brighton Jones LLC bought a new position in iShares Gold Trust during the 4th quarter worth approximately $1,864,000. Bison Wealth LLC boosted its holdings in iShares Gold Trust by 78.5% in the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 7,379 shares in the last quarter. AQR Capital Management LLC boosted its holdings in iShares Gold Trust by 47.0% in the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after acquiring an additional 8,609 shares in the last quarter. MTM Investment Management LLC acquired a new stake in iShares Gold Trust in the second quarter valued at approximately $25,000. Finally, Nomura Asset Management Co. Ltd. grew its stake in iShares Gold Trust by 107.2% in the second quarter. Nomura Asset Management Co. Ltd. now owns 173,675 shares of the exchange traded fund’s stock valued at $10,830,000 after acquiring an additional 89,875 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.3%

NYSEARCA IAU opened at $94.07 on Wednesday. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40. The business has a 50 day moving average price of $93.45 and a 200-day moving average price of $82.34. The company has a market cap of $79.43 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

Key iShares Gold Trust News

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About iShares Gold Trust

(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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