Soltis Investment Advisors LLC Acquires New Position in iShares Gold Trust (NYSEARCA:IAU)

Soltis Investment Advisors LLC acquired a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,698 shares of the exchange traded fund’s stock, valued at approximately $282,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. MBA Advisors LLC boosted its stake in shares of iShares Gold Trust by 5.0% in the 4th quarter. MBA Advisors LLC now owns 140,531 shares of the exchange traded fund’s stock valued at $6,958,000 after buying an additional 6,649 shares during the period. Savant Capital LLC raised its holdings in iShares Gold Trust by 26.2% in the fourth quarter. Savant Capital LLC now owns 31,253 shares of the exchange traded fund’s stock valued at $1,547,000 after acquiring an additional 6,494 shares in the last quarter. MFA Wealth Advisors LLC lifted its stake in iShares Gold Trust by 10.5% in the fourth quarter. MFA Wealth Advisors LLC now owns 167,155 shares of the exchange traded fund’s stock worth $8,276,000 after acquiring an additional 15,833 shares during the last quarter. Wealthstar Advisors LLC acquired a new position in iShares Gold Trust during the 4th quarter worth approximately $3,012,000. Finally, Focused Wealth Management Inc acquired a new position in shares of iShares Gold Trust during the fourth quarter worth $213,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 0.3 %

IAU opened at $54.69 on Wednesday. iShares Gold Trust has a one year low of $37.53 and a one year high of $54.94. The business’s 50-day simple moving average is $50.88 and its 200-day simple moving average is $49.60.

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.