Vanguard Capital Wealth Advisors Raises Holdings in iShares Gold Trust (NYSEARCA:IAU)

Vanguard Capital Wealth Advisors grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 25.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,944 shares of the exchange traded fund’s stock after purchasing an additional 8,775 shares during the period. iShares Gold Trust makes up approximately 1.4% of Vanguard Capital Wealth Advisors’ investment portfolio, making the stock its 15th biggest position. Vanguard Capital Wealth Advisors’ holdings in iShares Gold Trust were worth $1,715,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IAU. ORG Partners LLC bought a new position in shares of iShares Gold Trust in the 4th quarter valued at about $28,000. North Star Investment Management Corp. lifted its holdings in shares of iShares Gold Trust by 125.7% in the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 479 shares during the last quarter. Chilton Capital Management LLC lifted its holdings in shares of iShares Gold Trust by 162.8% in the 4th quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 542 shares during the last quarter. GAMMA Investing LLC bought a new stake in iShares Gold Trust in the fourth quarter worth about $38,000. Finally, Tompkins Financial Corp bought a new stake in iShares Gold Trust in the fourth quarter worth about $57,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 1.9 %

NYSEARCA IAU traded down $0.85 during trading on Tuesday, hitting $43.31. The stock had a trading volume of 9,228,585 shares, compared to its average volume of 6,901,650. The stock has a 50 day simple moving average of $41.91 and a 200 day simple moving average of $39.41. iShares Gold Trust has a one year low of $34.35 and a one year high of $45.98.

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.