WealthShield Partners LLC Purchases New Stake in iShares Gold Trust (NYSEARCA:IAU)

WealthShield Partners LLC acquired a new position in shares of iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,998 shares of the exchange traded fund’s stock, valued at approximately $644,000.

Other large investors also recently added to or reduced their stakes in the company. TCP Asset Management LLC raised its stake in shares of iShares Gold Trust by 3.0% during the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 195 shares during the last quarter. Quadrant Private Wealth Management LLC grew its holdings in iShares Gold Trust by 2.3% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock worth $426,000 after acquiring an additional 195 shares during the period. Riggs Asset Managment Co. Inc. raised its position in shares of iShares Gold Trust by 1.2% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock valued at $850,000 after acquiring an additional 212 shares during the last quarter. Baker Avenue Asset Management LP raised its position in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 215 shares during the last quarter. Finally, SeaCrest Wealth Management LLC lifted its stake in shares of iShares Gold Trust by 2.7% in the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 215 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.5 %

Shares of iShares Gold Trust stock opened at $55.68 on Tuesday. The business has a fifty day simple moving average of $51.86 and a 200 day simple moving average of $50.27. iShares Gold Trust has a 12 month low of $38.31 and a 12 month high of $55.70.

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.