Chesley Taft & Associates LLC Makes New $520,000 Investment in iShares Gold Trust $IAU

Chesley Taft & Associates LLC bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,406 shares of the exchange traded fund’s stock, valued at approximately $520,000.

Several other hedge funds also recently modified their holdings of IAU. Abich Financial Wealth Management LLC bought a new position in iShares Gold Trust in the third quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. bought a new stake in shares of iShares Gold Trust during the 3rd quarter valued at $29,000. Fourth Dimension Wealth LLC lifted its stake 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. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Gold Trust in the 3rd quarter valued at $31,000. Finally, SOA Wealth Advisors LLC. boosted its position in shares of iShares Gold Trust by 230.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 322 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

More iShares Gold Trust News

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

iShares Gold Trust Stock Down 0.0%

Shares of iShares Gold Trust stock opened at $84.93 on Tuesday. iShares Gold Trust has a 12 month low of $55.78 and a 12 month high of $104.40. The business has a fifty day simple moving average of $93.32 and a 200 day simple moving average of $83.45. The stock has a market cap of $71.71 billion, a PE ratio of 5.53 and a beta of 0.09.

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).

Featured Articles

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.