Kestra Private Wealth Services LLC Has $5.59 Million Stake in iShares Gold Trust (NYSEARCA:IAU)

Kestra Private Wealth Services LLC decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 143,180 shares of the exchange traded fund’s stock after selling 4,637 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares Gold Trust were worth $5,588,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new stake in iShares Gold Trust in the fourth quarter worth approximately $28,000. North Star Investment Management Corp. boosted its holdings in iShares Gold Trust by 125.7% in the fourth quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 479 shares in the last quarter. Chilton Capital Management LLC boosted its holdings in iShares Gold Trust by 162.8% in the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 542 shares in the last quarter. GAMMA Investing LLC acquired a new position in iShares Gold Trust during the fourth quarter worth $38,000. Finally, Tompkins Financial Corp bought a new position in iShares Gold Trust during the fourth quarter valued at about $57,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU traded down $0.72 during trading hours on Tuesday, hitting $43.44. 5,260,100 shares of the company were exchanged, compared to its average volume of 6,852,722. The firm’s 50 day moving average is $41.91 and its 200-day moving average is $39.41. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $45.98.

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.