Mosley Wealth Management Grows Position in iShares Gold Trust (NYSEARCA:IAU)

Mosley Wealth Management grew its position in iShares Gold Trust (NYSEARCA:IAU) by 3.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,932 shares of the exchange traded fund’s stock after acquiring an additional 1,028 shares during the quarter. iShares Gold Trust comprises approximately 1.2% of Mosley Wealth Management’s portfolio, making the stock its 18th biggest position. Mosley Wealth Management’s holdings in iShares Gold Trust were worth $1,299,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Redhawk Wealth Advisors Inc. raised its stake in shares of iShares Gold Trust by 2.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock worth $445,000 after purchasing an additional 262 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co raised its stake in shares of iShares Gold Trust by 2.0% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,853 shares of the exchange traded fund’s stock worth $541,000 after purchasing an additional 277 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of iShares Gold Trust by 10.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock worth $119,000 after purchasing an additional 282 shares during the last quarter. First Financial Corp IN raised its stake in shares of iShares Gold Trust by 19.9% during the fourth quarter. First Financial Corp IN now owns 1,715 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 285 shares during the last quarter. Finally, West Branch Capital LLC raised its stake in shares of iShares Gold Trust by 5.7% during the fourth quarter. West Branch Capital LLC now owns 5,285 shares of the exchange traded fund’s stock worth $206,000 after purchasing an additional 285 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock traded up $0.52 during trading hours on Thursday, hitting $43.98. 2,261,149 shares of the company were exchanged, compared to its average volume of 6,418,501. The business has a 50-day moving average of $44.25 and a 200-day moving average of $41.33. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $46.08.

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.