Kovitz Investment Group Partners LLC Has $33.75 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Kovitz Investment Group Partners LLC boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 681,649 shares of the exchange traded fund’s stock after purchasing an additional 8,837 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares Gold Trust were worth $33,748,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IAU. Integrated Wealth Concepts LLC boosted its position in shares of iShares Gold Trust by 70.4% during the fourth quarter. Integrated Wealth Concepts LLC now owns 90,571 shares of the exchange traded fund’s stock worth $4,484,000 after purchasing an additional 37,432 shares in the last quarter. Coppell Advisory Solutions LLC lifted its holdings in iShares Gold Trust by 513.9% during the fourth quarter. Coppell Advisory Solutions LLC now owns 2,658 shares of the exchange traded fund’s stock worth $131,000 after acquiring an additional 2,225 shares in the last quarter. MGO One Seven LLC grew its stake in iShares Gold Trust by 2.3% in the fourth quarter. MGO One Seven LLC now owns 139,579 shares of the exchange traded fund’s stock valued at $6,911,000 after acquiring an additional 3,196 shares during the period. Stifel Financial Corp increased its holdings in shares of iShares Gold Trust by 20.5% in the fourth quarter. Stifel Financial Corp now owns 2,056,655 shares of the exchange traded fund’s stock worth $101,825,000 after acquiring an additional 350,559 shares in the last quarter. Finally, OneDigital Investment Advisors LLC raised its position in shares of iShares Gold Trust by 71.6% during the fourth quarter. OneDigital Investment Advisors LLC now owns 836,425 shares of the exchange traded fund’s stock worth $41,411,000 after purchasing an additional 348,963 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $62.34 on Friday. The business’s 50-day simple moving average is $57.77 and its 200-day simple moving average is $53.32. iShares Gold Trust has a fifty-two week low of $43.05 and a fifty-two week high of $64.98. The stock has a market capitalization of $45.80 billion, a PE ratio of -37.96 and a beta of 0.17.

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.