Capital Asset Advisory Services LLC Grows Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Capital Asset Advisory Services LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,034,938 shares of the exchange traded fund’s stock after buying an additional 12,341 shares during the period. iShares Gold Trust comprises 2.5% of Capital Asset Advisory Services LLC’s portfolio, making the stock its 9th largest position. Capital Asset Advisory Services LLC’s holdings in iShares Gold Trust were worth $51,530,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of IAU. AQR Capital Management LLC bought a new stake in shares of iShares Gold Trust in the 2nd quarter worth approximately $683,000. SkyView Investment Advisors LLC lifted its holdings in shares of iShares Gold Trust by 0.7% in the 2nd quarter. SkyView Investment Advisors LLC now owns 484,854 shares of the exchange traded fund’s stock worth $21,300,000 after purchasing an additional 3,177 shares during the last quarter. Kitching Partners LLC lifted its holdings in shares of iShares Gold Trust by 5.8% in the 2nd quarter. Kitching Partners LLC now owns 73,990 shares of the exchange traded fund’s stock worth $3,250,000 after purchasing an additional 4,037 shares during the last quarter. Creative Planning lifted its holdings in shares of iShares Gold Trust by 1.2% in the 2nd quarter. Creative Planning now owns 798,044 shares of the exchange traded fund’s stock worth $35,058,000 after purchasing an additional 9,705 shares during the last quarter. Finally, Magnolia Capital Advisors LLC bought a new stake in shares of iShares Gold Trust in the 2nd quarter worth approximately $1,300,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $52.31 on Monday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.69. The stock’s 50 day simple moving average is $50.17 and its 200 day simple moving average is $48.98.

iShares Gold Trust 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.