IHT Wealth Management LLC Increases Holdings in iShares Gold Trust (NYSEARCA:IAU)

IHT Wealth Management LLC grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 11.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,177 shares of the exchange traded fund’s stock after purchasing an additional 4,602 shares during the quarter. IHT Wealth Management LLC’s holdings in iShares Gold Trust were worth $702,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Biltmore Family Office LLC increased its position in shares of iShares Gold Trust by 2.2% during the 1st quarter. Biltmore Family Office LLC now owns 917,863 shares of the exchange traded fund’s stock valued at $14,924,000 after purchasing an additional 19,323 shares during the last quarter. Covington Capital Management increased its position in shares of iShares Gold Trust by 5.7% during the 1st quarter. Covington Capital Management now owns 1,225,955 shares of the exchange traded fund’s stock valued at $19,940,000 after purchasing an additional 65,773 shares during the last quarter. One Capital Management LLC increased its position in shares of iShares Gold Trust by 6.9% during the 1st quarter. One Capital Management LLC now owns 125,748 shares of the exchange traded fund’s stock valued at $2,044,000 after purchasing an additional 8,125 shares during the last quarter. Coronation Fund Managers Ltd. bought a new position in shares of iShares Gold Trust during the 1st quarter worth $1,136,000. Finally, Boston Private Wealth LLC grew its stake in shares of iShares Gold Trust by 14.2% during the 1st quarter. Boston Private Wealth LLC now owns 135,663 shares of the exchange traded fund’s stock worth $2,206,000 after acquiring an additional 16,854 shares during the period.

IAU stock opened at $34.34 on Thursday. iShares Gold Trust has a fifty-two week low of $31.94 and a fifty-two week high of $39.52. The business’s fifty day moving average price is $34.61.

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.

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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