Private Advisor Group LLC Has $5.92 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Private Advisor Group LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 151,757 shares of the exchange traded fund’s stock after buying an additional 1,949 shares during the period. Private Advisor Group LLC’s holdings in iShares Gold Trust were worth $5,923,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. PFG Advisors increased its holdings in iShares Gold Trust by 3.7% during the 4th quarter. PFG Advisors now owns 20,968 shares of the exchange traded fund’s stock worth $818,000 after purchasing an additional 754 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in iShares Gold Trust by 203.7% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 19,533 shares of the exchange traded fund’s stock valued at $762,000 after acquiring an additional 13,101 shares in the last quarter. Hsbc Holdings PLC boosted its position in iShares Gold Trust by 6.7% during the 3rd quarter. Hsbc Holdings PLC now owns 99,513 shares of the exchange traded fund’s stock worth $3,482,000 after acquiring an additional 6,263 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $544,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of iShares Gold Trust by 10.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock valued at $119,000 after purchasing an additional 282 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $43.64 on Thursday. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $45.98. The company’s fifty day simple moving average is $42.64 and its 200-day simple moving average is $39.73.

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.