Brookstone Capital Management Acquires 22,803 Shares of iShares Gold Trust (NYSEARCA:IAU)

Brookstone Capital Management increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 275,398 shares of the exchange traded fund’s stock after purchasing an additional 22,803 shares during the quarter. Brookstone Capital Management’s holdings in iShares Gold Trust were worth $13,635,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Archer Investment Corp grew its stake in shares of iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 635 shares in the last quarter. Global Trust Asset Management LLC grew its stake in shares of iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares in the last quarter. Zions Bancorporation N.A. grew its stake in shares of iShares Gold Trust by 32.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock worth $63,000 after acquiring an additional 357 shares in the last quarter. Finally, McIlrath & Eck LLC grew its stake in shares of iShares Gold Trust by 34.3% during the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 341 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

Shares of IAU traded down $0.45 during mid-day trading on Monday, hitting $50.33. 1,268,112 shares of the company’s stock were exchanged, compared to its average volume of 4,706,747. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.69. The company has a 50-day simple moving average of $49.90 and a 200 day simple moving average of $48.53.

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.