iShares Gold Trust (NYSEARCA:IAU) Shares Bought by PFG Investments LLC

PFG Investments LLC boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,677 shares of the exchange traded fund’s stock after purchasing an additional 500 shares during the period. PFG Investments LLC’s holdings in iShares Gold Trust were worth $417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IAU. Moneta Group Investment Advisors LLC lifted its position in iShares Gold Trust by 413,629.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 28,998,294 shares of the exchange traded fund’s stock valued at $1,003,051,000 after purchasing an additional 28,991,285 shares during the period. JPMorgan Chase & Co. lifted its position in iShares Gold Trust by 58.9% during the third quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock valued at $360,189,000 after purchasing an additional 3,815,686 shares during the period. Packer & Co Ltd acquired a new position in iShares Gold Trust during the third quarter valued at $125,443,000. WealthNavi Inc. raised its position in shares of iShares Gold Trust by 68.4% in the third quarter. WealthNavi Inc. now owns 3,909,316 shares of the exchange traded fund’s stock worth $136,787,000 after acquiring an additional 1,588,425 shares during the period. Finally, First Command Advisory Services Inc. acquired a new position in shares of iShares Gold Trust in the third quarter worth about $50,473,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 0.7 %

Shares of iShares Gold Trust stock opened at $41.49 on Thursday. The firm has a 50-day simple moving average of $39.28 and a two-hundred day simple moving average of $38.05. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $41.66.

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.