White Lighthouse Investment Management Inc. Has $15.69 Million Stock Position in iShares Gold Trust $IAU

White Lighthouse Investment Management Inc. raised its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 2.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 215,646 shares of the exchange traded fund’s stock after purchasing an additional 6,123 shares during the period. iShares Gold Trust accounts for 2.4% of White Lighthouse Investment Management Inc.’s holdings, making the stock its 10th biggest position. White Lighthouse Investment Management Inc.’s holdings in iShares Gold Trust were worth $15,693,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of IAU. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Gold Trust in the 3rd quarter worth approximately $25,000. MTM Investment Management LLC purchased a new stake in shares of iShares Gold Trust during the second quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of iShares Gold Trust during the third quarter valued at approximately $29,000. Fourth Dimension Wealth LLC lifted its holdings in iShares Gold Trust by 436.3% during the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 349 shares during the period. Finally, SOA Wealth Advisors LLC. lifted its holdings in iShares Gold Trust by 230.0% during the third quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 322 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Summary

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

iShares Gold Trust Trading Down 0.3%

IAU stock opened at $97.55 on Thursday. The stock has a market cap of $82.37 billion, a P/E ratio of 5.53 and a beta of 0.09. The stock’s fifty day simple moving average is $92.50 and its two-hundred day simple moving average is $81.36. iShares Gold Trust has a 1-year low of $54.90 and a 1-year high of $104.40.

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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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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