WealthCare Investment Partners LLC grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 5.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 130,752 shares of the exchange traded fund’s stock after buying an additional 7,020 shares during the quarter. iShares Gold Trust accounts for 2.9% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 4th biggest position. WealthCare Investment Partners LLC’s holdings in iShares Gold Trust were worth $6,562,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently made changes to their positions in IAU. Trilogy Capital Inc. purchased a new position in iShares Gold Trust in the 3rd quarter worth $214,000. Telos Capital Management Inc. purchased a new position in iShares Gold Trust in the 3rd quarter worth $227,000. Sequoia Financial Advisors LLC raised its position in iShares Gold Trust by 36.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 11,184 shares of the exchange traded fund’s stock worth $556,000 after purchasing an additional 3,015 shares during the period. Signaturefd LLC raised its position in iShares Gold Trust by 11.9% in the 3rd quarter. Signaturefd LLC now owns 22,264 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 2,362 shares during the period. Finally, Eastern Bank purchased a new position in iShares Gold Trust in the 3rd quarter worth $1,565,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
Shares of iShares Gold Trust stock opened at $55.42 on Thursday. iShares Gold Trust has a 12-month low of $38.21 and a 12-month high of $55.49. The company’s fifty day simple moving average is $51.46 and its two-hundred day simple moving average is $49.98.
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.
Read More
- Five stocks we like better than iShares Gold Trust
- When to Sell a Stock for Profit or Loss
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- How to Read Stock Charts for Beginners
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- 5 Top Rated Dividend Stocks to Consider
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
