iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Hazlett Burt & Watson Inc.

Hazlett Burt & Watson Inc. lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 4,121.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,588 shares of the exchange traded fund’s stock after purchasing an additional 3,503 shares during the period. Hazlett Burt & Watson Inc.’s holdings in iShares Gold Trust were worth $174,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. O Shaughnessy Asset Management LLC grew its position in iShares Gold Trust by 2.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 67,476 shares of the exchange traded fund’s stock worth $3,341,000 after buying an additional 1,348 shares during the last quarter. Bcwm LLC acquired a new position in shares of iShares Gold Trust in the 4th quarter worth $11,508,000. CIBC Private Wealth Group LLC raised its position in shares of iShares Gold Trust by 6.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,510,086 shares of the exchange traded fund’s stock worth $126,232,000 after purchasing an additional 148,099 shares during the period. Okabena Investment Services Inc. lifted its holdings in shares of iShares Gold Trust by 0.5% during the fourth quarter. Okabena Investment Services Inc. now owns 190,441 shares of the exchange traded fund’s stock valued at $9,429,000 after purchasing an additional 989 shares during the last quarter. Finally, Allianz SE acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $52,027,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 1.4 %

NYSEARCA IAU opened at $58.96 on Tuesday. iShares Gold Trust has a 1 year low of $42.15 and a 1 year high of $59.15. The company has a market cap of $42.24 billion, a PE ratio of -34.13 and a beta of 0.20. The stock’s 50-day moving average price is $54.91 and its two-hundred day moving average price is $51.82.

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.