Wealthspire Advisors LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 8.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,691 shares of the exchange traded fund’s stock after buying an additional 2,622 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares Gold Trust were worth $1,619,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Strategic Financial Concepts LLC purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $442,000. Sanchez Wealth Management Group bought a new stake in iShares Gold Trust in the 4th quarter worth approximately $228,000. JPMorgan Chase & Co. raised its stake in iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after buying an additional 981,362 shares during the last quarter. Independent Family Office LLC lifted its holdings in shares of iShares Gold Trust by 4.1% during the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after buying an additional 16,827 shares during the period. Finally, Silverleafe Capital Partners LLC boosted its stake in shares of iShares Gold Trust by 0.4% in the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after buying an additional 689 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 0.5 %
iShares Gold Trust stock opened at $55.68 on Tuesday. iShares Gold Trust has a one year low of $38.31 and a one year high of $55.70. The stock has a fifty day moving average of $51.86 and a 200 day moving average of $50.27.
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.
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