Ashton Thomas Securities LLC Acquires Shares of 3,315 iShares Gold Trust (NYSEARCA:IAU)

Ashton Thomas Securities LLC bought a new position in iShares Gold Trust (NYSEARCA:IAU) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,315 shares of the exchange traded fund’s stock, valued at approximately $165,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. TCP Asset Management LLC grew its stake in iShares Gold Trust by 3.0% during the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 195 shares during the last quarter. Baker Avenue Asset Management LP grew its position in iShares Gold Trust by 2.9% during the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 215 shares during the last quarter. Howard Financial Services LTD. grew its position in iShares Gold Trust by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 220 shares during the last quarter. Avaii Wealth Management LLC increased its holdings in iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after purchasing an additional 249 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its stake in iShares Gold Trust by 1.4% in the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after purchasing an additional 262 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $49.09 on Wednesday. The business has a fifty day moving average of $49.97 and a 200-day moving average of $46.80. iShares Gold Trust has a twelve month low of $36.57 and a twelve month high of $52.69.

About iShares Gold Trust

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.