Center For Asset Management LLC Boosts Holdings in iShares Gold Trust $IAU

Center For Asset Management LLC boosted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 275.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,345 shares of the exchange traded fund’s stock after buying an additional 12,729 shares during the period. Center For Asset Management LLC’s holdings in iShares Gold Trust were worth $1,408,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ehrlich Financial Group lifted its holdings in iShares Gold Trust by 15.3% in the third quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock valued at $3,266,000 after acquiring an additional 5,943 shares during the period. Bay Harbor Wealth Management LLC lifted its holdings in iShares Gold Trust by 63.6% in the third quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock valued at $4,041,000 after acquiring an additional 21,596 shares during the period. First Horizon Corp acquired a new stake in iShares Gold Trust in the third quarter valued at $1,863,000. Strategic Blueprint LLC lifted its holdings in 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 valued at $9,964,000 after acquiring an additional 31,746 shares during the period. Finally, MA Private Wealth lifted its holdings in iShares Gold Trust by 10.3% in the third quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock valued at $11,480,000 after acquiring an additional 14,705 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $88.46 on Wednesday. iShares Gold Trust has a one year low of $56.11 and a one year high of $104.40. The business has a fifty day moving average of $92.73 and a two-hundred day moving average of $84.27. The company has a market cap of $75.31 billion, a P/E ratio of 5.53 and a beta of 0.15.

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iShares Gold Trust Company 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).

See Also

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)

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