Capital Asset Advisory Services LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,034,938 shares of the exchange traded fund’s stock after purchasing an additional 12,341 shares during the period. iShares Gold Trust comprises 2.5% of Capital Asset Advisory Services LLC’s portfolio, making the stock its 9th largest position. Capital Asset Advisory Services LLC owned 0.15% of iShares Gold Trust worth $51,530,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of IAU. Archer Investment Corp boosted its holdings in iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares Gold Trust by 127.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 635 shares during the last quarter. Global Trust Asset Management LLC boosted its holdings in iShares Gold Trust by 71.4% in the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 500 shares during the last quarter. Raleigh Capital Management Inc. boosted its holdings in iShares Gold Trust by 15,750.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 1,260 shares during the last quarter. Finally, McIlrath & Eck LLC boosted its holdings in iShares Gold Trust by 34.3% in the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 341 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Up 0.6 %
NYSEARCA:IAU opened at $52.31 on Monday. The business’s 50 day moving average is $50.17 and its two-hundred day moving average is $48.98. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.69.
About iShares Gold Trust
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.
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