iShares Gold Trust (NYSEARCA:IAU) Stock Holdings Boosted by Braun Bostich & Associates Inc.

Braun Bostich & Associates Inc. boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 82.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,812 shares of the exchange traded fund’s stock after buying an additional 15,285 shares during the period. iShares Gold Trust accounts for 1.5% of Braun Bostich & Associates Inc.’s portfolio, making the stock its 21st biggest holding. Braun Bostich & Associates Inc.’s holdings in iShares Gold Trust were worth $1,994,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Quadrant Private Wealth Management LLC grew its position in iShares Gold Trust by 2.3% during the fourth quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 195 shares in the last quarter. TPG Advisors LLC raised its position in shares of iShares Gold Trust by 0.7% in the 4th quarter. TPG Advisors LLC now owns 28,025 shares of the exchange traded fund’s stock worth $1,388,000 after acquiring an additional 199 shares in the last quarter. Betterment LLC raised its position in shares of iShares Gold Trust by 1.8% in the 4th quarter. Betterment LLC now owns 11,021 shares of the exchange traded fund’s stock worth $546,000 after acquiring an additional 199 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in iShares Gold Trust by 0.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 53,600 shares of the exchange traded fund’s stock valued at $2,654,000 after buying an additional 200 shares in the last quarter. Finally, Capital Investment Advisors LLC boosted its stake in iShares Gold Trust by 1.5% during the 1st quarter. Capital Investment Advisors LLC now owns 15,915 shares of the exchange traded fund’s stock valued at $938,000 after purchasing an additional 234 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

IAU stock opened at $63.12 on Thursday. The company has a market cap of $46.46 billion, a P/E ratio of -38.57 and a beta of 0.12. iShares Gold Trust has a 1 year low of $43.35 and a 1 year high of $64.98. The stock’s fifty day moving average price is $61.79 and its 200-day moving average price is $55.99.

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.