iShares Gold Trust (NYSEARCA:IAU) Hits New 52-Week High at $17.07

iShares Gold Trust (NYSEARCA:IAU)’s share price reached a new 52-week high on Monday . The stock traded as high as $17.07 and last traded at $17.04, with a volume of 1960744 shares. The stock had previously closed at $16.96.

The stock’s 50 day simple moving average is $16.61 and its two-hundred day simple moving average is $15.67.

Several institutional investors have recently bought and sold shares of the company. Coastal Bridge Advisors LLC lifted its position in iShares Gold Trust by 71.1% during the fourth quarter. Coastal Bridge Advisors LLC now owns 163,571 shares of the exchange traded fund’s stock worth $2,372,000 after purchasing an additional 67,994 shares during the period. Capital Asset Advisory Services LLC acquired a new position in iShares Gold Trust during the fourth quarter valued at approximately $30,006,000. Aurora Private Wealth Inc. lifted its stake in iShares Gold Trust by 100.0% during the first quarter. Aurora Private Wealth Inc. now owns 22,020 shares of the exchange traded fund’s stock worth $332,000 after purchasing an additional 11,010 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of iShares Gold Trust by 263.1% in the 4th quarter. Asset Management One Co. Ltd. now owns 685,971 shares of the exchange traded fund’s stock valued at $9,947,000 after purchasing an additional 497,071 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV boosted its holdings in shares of iShares Gold Trust by 8.5% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 287,196 shares of the exchange traded fund’s stock valued at $4,164,000 after purchasing an additional 22,405 shares in the last quarter.

About iShares Gold Trust (NYSEARCA:IAU)

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.

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