NorthRock Partners LLC Takes Position in iShares Gold Trust (NYSEARCA:IAU)

NorthRock Partners LLC bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) during the 3rd quarter, Holdings Channel reports. The firm bought 45,935 shares of the exchange traded fund’s stock, valued at approximately $2,283,000.

A number of other institutional investors have also recently added to or reduced their stakes in IAU. Norden Group LLC acquired a new stake in shares of iShares Gold Trust during the 1st quarter valued at $555,000. Larson Financial Group LLC boosted its position in iShares Gold Trust by 7.9% in the first quarter. Larson Financial Group LLC now owns 8,123 shares of the exchange traded fund’s stock valued at $341,000 after buying an additional 596 shares in the last quarter. Catalina Capital Group LLC bought a new stake in iShares Gold Trust during the 1st quarter worth about $233,000. Geneos Wealth Management Inc. increased its position in iShares Gold Trust by 13.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,446 shares of the exchange traded fund’s stock valued at $145,000 after acquiring an additional 396 shares in the last quarter. Finally, Lesa Sroufe & Co bought a new position in shares of iShares Gold Trust in the first quarter worth about $211,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.0 %

Shares of NYSEARCA IAU traded up $0.01 during midday trading on Tuesday, hitting $51.71. The stock had a trading volume of 608,489 shares, compared to its average volume of 5,903,228. iShares Gold Trust has a fifty-two week low of $36.57 and a fifty-two week high of $52.69. The company’s 50-day simple moving average is $49.65 and its 200 day simple moving average is $46.58.

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.