Wealth Quarterback LLC Purchases 12,512 Shares of iShares Gold Trust (NYSEARCA:IAU)

Wealth Quarterback LLC lifted its position in iShares Gold Trust (NYSEARCA:IAU) by 60.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,107 shares of the exchange traded fund’s stock after acquiring an additional 12,512 shares during the quarter. iShares Gold Trust accounts for approximately 0.8% of Wealth Quarterback LLC’s investment portfolio, making the stock its 25th largest holding. Wealth Quarterback LLC’s holdings in iShares Gold Trust were worth $1,639,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. 5T Wealth LLC bought a new stake in iShares Gold Trust during the fourth quarter valued at about $631,000. NTV Asset Management LLC increased its position in shares of iShares Gold Trust by 0.7% in the 4th quarter. NTV Asset Management LLC now owns 191,980 shares of the exchange traded fund’s stock valued at $9,505,000 after acquiring an additional 1,377 shares during the period. Sanctuary Advisors LLC lifted its position in iShares Gold Trust by 1.6% during the 4th quarter. Sanctuary Advisors LLC now owns 801,641 shares of the exchange traded fund’s stock worth $42,295,000 after acquiring an additional 12,841 shares during the period. Systelligence LLC increased its holdings in shares of iShares Gold Trust by 2.1% in the fourth quarter. Systelligence LLC now owns 145,081 shares of the exchange traded fund’s stock valued at $7,183,000 after purchasing an additional 3,017 shares during the period. Finally, Macroview Investment Management LLC boosted its position in iShares Gold Trust by 2.8% in the fourth quarter. Macroview Investment Management LLC now owns 26,668 shares of the exchange traded fund’s stock valued at $1,320,000 after buying an additional 726 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 1.5 %

NYSEARCA:IAU opened at $54.46 on Monday. The company’s fifty day moving average price is $51.28 and its 200-day moving average price is $49.83. iShares Gold Trust has a 1-year low of $37.76 and a 1-year high of $55.29.

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.