iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Wealth Management Partners LLC

Wealth Management Partners LLC lifted its position in iShares Gold Trust (NYSEARCA:IAU) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 202,402 shares of the exchange traded fund’s stock after acquiring an additional 1,723 shares during the quarter. iShares Gold Trust accounts for approximately 4.3% of Wealth Management Partners LLC’s holdings, making the stock its 5th largest position. Wealth Management Partners LLC’s holdings in iShares Gold Trust were worth $10,021,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in IAU. Global Wealth Management LLC bought a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $867,000. Kelly Financial Services LLC bought a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $2,239,000. J2 Capital Management Inc bought a new stake in iShares Gold Trust during the 4th quarter valued at $4,361,000. Ameritas Advisory Services LLC raised its stake in iShares Gold Trust by 75.3% during the 4th quarter. Ameritas Advisory Services LLC now owns 57,389 shares of the exchange traded fund’s stock valued at $2,841,000 after acquiring an additional 24,653 shares in the last quarter. Finally, HB Wealth Management LLC raised its stake in iShares Gold Trust by 11.3% during the 4th quarter. HB Wealth Management LLC now owns 79,967 shares of the exchange traded fund’s stock valued at $3,959,000 after acquiring an additional 8,110 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.5 %

Shares of iShares Gold Trust stock opened at $50.99 on Monday. The business’s fifty day moving average price is $49.87 and its two-hundred day moving average price is $48.76. iShares Gold Trust has a 1-year low of $37.53 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.