Berkeley Capital Partners LLC Buys 310 Shares of iShares Gold Trust (NYSEARCA:IAU)

Berkeley Capital Partners LLC boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,570 shares of the exchange traded fund’s stock after acquiring an additional 310 shares during the period. Berkeley Capital Partners LLC’s holdings in iShares Gold Trust were worth $474,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. TAP Consulting LLC raised its position in shares of iShares Gold Trust by 6.2% in the fourth quarter. TAP Consulting LLC now owns 22,637 shares of the exchange traded fund’s stock valued at $1,121,000 after purchasing an additional 1,324 shares during the period. GM Advisory Group LLC raised its position in shares of iShares Gold Trust by 1.8% in the fourth quarter. GM Advisory Group LLC now owns 2,050,754 shares of the exchange traded fund’s stock valued at $101,533,000 after purchasing an additional 35,827 shares during the period. Harvest Fund Management Co. Ltd raised its position in shares of iShares Gold Trust by 0.8% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 114,538 shares of the exchange traded fund’s stock valued at $5,671,000 after purchasing an additional 884 shares during the period. Stokes Family Office LLC bought a new stake in shares of iShares Gold Trust in the fourth quarter valued at approximately $2,049,000. Finally, North Forty Two & Co. bought a new stake in shares of iShares Gold Trust in the fourth quarter valued at approximately $501,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.4 %

NYSEARCA IAU opened at $57.51 on Thursday. The company’s 50 day moving average is $53.83 and its 200-day moving average is $51.23. iShares Gold Trust has a 12-month low of $40.68 and a 12-month high of $57.59. The firm has a market cap of $41.20 billion, a P/E ratio of -34.13 and a beta of 0.20.

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.