Blue Investment Partners LLC Purchases 476 Shares of iShares Gold Trust (NYSEARCA:IAU)

Blue Investment Partners LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 0.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 78,949 shares of the exchange traded fund’s stock after purchasing an additional 476 shares during the quarter. iShares Gold Trust accounts for 1.6% of Blue Investment Partners LLC’s investment portfolio, making the stock its 21st largest holding. Blue Investment Partners LLC’s holdings in iShares Gold Trust were worth $3,924,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of IAU. SVB Wealth LLC grew its holdings in iShares Gold Trust by 7.7% during the 1st quarter. SVB Wealth LLC now owns 5,594 shares of the exchange traded fund’s stock worth $235,000 after acquiring an additional 399 shares during the last quarter. SkyView Investment Advisors LLC increased its holdings in shares of iShares Gold Trust by 5.8% in the first quarter. SkyView Investment Advisors LLC now owns 481,677 shares of the exchange traded fund’s stock valued at $20,235,000 after purchasing an additional 26,480 shares in the last quarter. Comerica Bank raised its position in iShares Gold Trust by 117.8% in the 1st quarter. Comerica Bank now owns 566,941 shares of the exchange traded fund’s stock worth $23,817,000 after purchasing an additional 306,614 shares during the last quarter. Beacon Capital Management LLC lifted its holdings in iShares Gold Trust by 525.7% during the 1st quarter. Beacon Capital Management LLC now owns 3,160 shares of the exchange traded fund’s stock worth $133,000 after buying an additional 2,655 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC lifted its stake in shares of iShares Gold Trust by 4.8% during the first quarter. Jaffetilchin Investment Partners LLC now owns 13,349 shares of the exchange traded fund’s stock valued at $561,000 after acquiring an additional 614 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Down 2.9 %

Shares of NYSEARCA IAU opened at $49.59 on Tuesday. The firm’s 50-day moving average is $50.32 and its 200-day moving average is $47.20. iShares Gold Trust has a 1 year low of $37.40 and a 1 year high of $52.69.

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.