iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Worth Asset Management LLC

Worth Asset Management LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 266.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,984 shares of the exchange traded fund’s stock after purchasing an additional 13,802 shares during the period. Worth Asset Management LLC’s holdings in iShares Gold Trust were worth $940,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Archer Investment Corp raised its position in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 635 shares during the last quarter. Global Trust Asset Management LLC lifted its stake in shares of iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 500 shares during the period. McIlrath & Eck LLC boosted its holdings in shares of iShares Gold Trust by 34.3% during the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 341 shares during the last quarter. Finally, Zions Bancorporation N.A. grew its position in shares of iShares Gold Trust by 32.9% in the second quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 357 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

iShares Gold Trust stock traded up $0.15 during trading on Wednesday, hitting $50.16. The company’s stock had a trading volume of 3,310,867 shares, compared to its average volume of 3,913,635. The stock’s fifty day moving average is $49.99 and its 200 day moving average is $48.39. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69.

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.