Nwam LLC Makes New Investment in iShares Gold Trust (NYSEARCA:IAU)

Nwam LLC bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,271 shares of the exchange traded fund’s stock, valued at approximately $610,000.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in iShares Gold Trust by 15.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after purchasing an additional 479,796 shares during the period. International Assets Investment Management LLC grew its position in shares of iShares Gold Trust by 4,843.7% during the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after acquiring an additional 229,303 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in shares of iShares Gold Trust by 2.1% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock worth $8,992,000 after acquiring an additional 4,189 shares during the period. Prospera Financial Services Inc lifted its position in iShares Gold Trust by 18.7% in the 3rd quarter. Prospera Financial Services Inc now owns 44,531 shares of the exchange traded fund’s stock valued at $2,213,000 after purchasing an additional 7,001 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in iShares Gold Trust by 66.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,460,596 shares of the exchange traded fund’s stock valued at $64,164,000 after purchasing an additional 581,671 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $51.08 on Friday. The company has a 50-day moving average price of $50.30 and a two-hundred day moving average price of $47.14. iShares Gold Trust has a 52 week low of $37.40 and a 52 week high of $52.69.

iShares Gold Trust Company Profile

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.