iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 21.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,320 shares of the exchange traded fund’s stock after buying an additional 12,732 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $3,531,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. TCP Asset Management LLC raised its stake in iShares Gold Trust by 3.0% during the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after acquiring an additional 195 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in shares of iShares Gold Trust by 1.2% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock valued at $850,000 after purchasing an additional 212 shares during the period. Baker Avenue Asset Management LP raised its stake in shares of iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after purchasing an additional 215 shares in the last quarter. SeaCrest Wealth Management LLC lifted its holdings in iShares Gold Trust by 2.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 215 shares during the period. Finally, Howard Financial Services LTD. grew its position in iShares Gold Trust by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 220 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

IAU stock opened at $54.02 on Thursday. The firm’s 50-day moving average is $50.54 and its two-hundred day moving average is $49.34. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $54.40.

iShares Gold Trust 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.