Mosley Wealth Management Increases Stake in iShares Gold Trust (NYSEARCA:IAU)

Mosley Wealth Management boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 6.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,725 shares of the exchange traded fund’s stock after purchasing an additional 2,031 shares during the period. iShares Gold Trust comprises 1.2% of Mosley Wealth Management’s investment portfolio, making the stock its 20th largest position. Mosley Wealth Management’s holdings in iShares Gold Trust were worth $1,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Compass Financial Services Inc purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $27,000. Wintrust Investments LLC purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $29,000. Financial Life Planners purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $33,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $40,000. Finally, Valued Wealth Advisors LLC increased its stake in shares of iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 333 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

IAU opened at $56.97 on Friday. iShares Gold Trust has a 52-week low of $41.05 and a 52-week high of $57.59. The stock has a market capitalization of $40.81 billion, a PE ratio of -34.13 and a beta of 0.20. The stock’s 50 day moving average price is $54.10 and its 200-day moving average price is $51.37.

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.