Headlands Technologies LLC Purchases New Shares in iShares Gold Trust (NYSEARCA:IAU)

Headlands Technologies LLC acquired a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,380 shares of the exchange traded fund’s stock, valued at approximately $266,000.

Several other institutional investors have also recently made changes to their positions in IAU. Quadrant Private Wealth Management LLC grew its position in iShares Gold Trust by 2.3% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock worth $426,000 after purchasing an additional 195 shares in the last quarter. TPG Advisors LLC increased its position in shares of iShares Gold Trust by 0.7% during the fourth quarter. TPG Advisors LLC now owns 28,025 shares of the exchange traded fund’s stock valued at $1,388,000 after acquiring an additional 199 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in iShares Gold Trust by 0.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 53,600 shares of the exchange traded fund’s stock worth $2,654,000 after acquiring an additional 200 shares during the period. Riggs Asset Managment Co. Inc. boosted its position in iShares Gold Trust by 1.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after purchasing an additional 212 shares during the last quarter. Finally, SeaCrest Wealth Management LLC increased its position in shares of iShares Gold Trust by 2.7% during the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 215 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $57.26 on Friday. The stock has a market capitalization of $41.37 billion, a price-to-earnings ratio of -35.73 and a beta of 0.17. The business’s fifty day moving average is $55.42 and its 200-day moving average is $52.05. iShares Gold Trust has a one year low of $43.05 and a one year high of $59.15.

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.