WealthCare Investment Partners LLC Boosts Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

WealthCare Investment Partners LLC boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 38.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,743 shares of the exchange traded fund’s stock after acquiring an additional 28,968 shares during the period. iShares Gold Trust accounts for about 2.1% of WealthCare Investment Partners LLC’s holdings, making the stock its 11th biggest position. WealthCare Investment Partners LLC’s holdings in iShares Gold Trust were worth $4,400,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Redhawk Wealth Advisors Inc. grew its stake in iShares Gold Trust by 2.4% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock worth $445,000 after buying an additional 262 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co grew its stake in iShares Gold Trust by 2.0% in the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,853 shares of the exchange traded fund’s stock worth $541,000 after buying an additional 277 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in iShares Gold Trust by 10.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock worth $119,000 after buying an additional 282 shares in the last quarter. First Financial Corp IN grew its stake in iShares Gold Trust by 19.9% in the 4th quarter. First Financial Corp IN now owns 1,715 shares of the exchange traded fund’s stock worth $67,000 after buying an additional 285 shares in the last quarter. Finally, West Branch Capital LLC grew its stake in iShares Gold Trust by 5.7% in the 4th quarter. West Branch Capital LLC now owns 5,285 shares of the exchange traded fund’s stock worth $206,000 after buying an additional 285 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU stock traded up $0.51 during midday trading on Thursday, reaching $43.97. The company had a trading volume of 1,031,694 shares, compared to its average volume of 6,407,935. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $46.08. The firm has a 50-day moving average price of $44.25 and a 200-day moving average price of $41.33.

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.