iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Beacon Capital Management LLC

Beacon Capital Management LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 165.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 8,400 shares of the exchange traded fund’s stock after purchasing an additional 5,240 shares during the period. Beacon Capital Management LLC’s holdings in iShares Gold Trust were worth $369,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Financial Sense Advisors Inc. boosted its stake in shares of iShares Gold Trust by 0.4% during the first quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after acquiring an additional 230 shares during the last quarter. Pettinga Financial Advisors LLC boosted its stake in shares of iShares Gold Trust by 2.5% during the first quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after acquiring an additional 245 shares during the last quarter. Spire Wealth Management boosted its stake in shares of iShares Gold Trust by 1.2% during the first quarter. Spire Wealth Management now owns 21,289 shares of the exchange traded fund’s stock valued at $894,000 after acquiring an additional 257 shares during the last quarter. EP Wealth Advisors LLC boosted its stake in shares of iShares Gold Trust by 1.4% during the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after acquiring an additional 262 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in shares of iShares Gold Trust by 2.0% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,853 shares of the exchange traded fund’s stock valued at $541,000 after acquiring an additional 277 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.2 %

Shares of IAU traded up $0.55 during trading hours on Friday, reaching $47.43. 4,430,396 shares of the company traded hands, compared to its average volume of 6,287,827. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $47.83. The stock has a fifty day simple moving average of $45.39 and a 200 day simple moving average of $43.45.

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.