iShares Gold Trust $IAU Stock Position Increased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 40.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 489,655 shares of the exchange traded fund’s stock after buying an additional 142,233 shares during the period. Kingsview Wealth Management LLC owned approximately 0.06% of iShares Gold Trust worth $35,632,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. BCGM Wealth Management LLC boosted its position in iShares Gold Trust by 34.9% during the 3rd quarter. BCGM Wealth Management LLC now owns 71,651 shares of the exchange traded fund’s stock worth $5,214,000 after acquiring an additional 18,524 shares during the period. Journey Strategic Wealth LLC bought a new stake in shares of iShares Gold Trust during the third quarter valued at about $217,000. Finemark National Bank & Trust lifted its holdings in iShares Gold Trust by 8.9% in the third quarter. Finemark National Bank & Trust now owns 127,835 shares of the exchange traded fund’s stock worth $9,303,000 after purchasing an additional 10,409 shares during the period. Hendershot Investments Inc. acquired a new stake in iShares Gold Trust in the third quarter worth about $207,000. Finally, Meridian Wealth Advisors LLC grew its position in iShares Gold Trust by 6.5% in the 3rd quarter. Meridian Wealth Advisors LLC now owns 580,871 shares of the exchange traded fund’s stock valued at $42,270,000 after buying an additional 35,498 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust News Summary

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Trading Up 1.3%

iShares Gold Trust stock opened at $99.07 on Monday. iShares Gold Trust has a 52 week low of $53.44 and a 52 week high of $104.40. The stock has a market cap of $83.65 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The company’s 50-day moving average price is $90.29 and its two-hundred day moving average price is $79.56.

iShares Gold Trust Company Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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