Regal Investment Advisors LLC Purchases 21,081 Shares of iShares Gold Trust $IAU

Regal Investment Advisors LLC boosted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 58.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,086 shares of the exchange traded fund’s stock after buying an additional 21,081 shares during the quarter. Regal Investment Advisors LLC’s holdings in iShares Gold Trust were worth $4,154,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ehrlich Financial Group grew its holdings in iShares Gold Trust by 15.3% in the 3rd quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock valued at $3,266,000 after buying an additional 5,943 shares during the last quarter. Bay Harbor Wealth Management LLC increased its position in iShares Gold Trust by 63.6% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock worth $4,041,000 after buying an additional 21,596 shares during the period. First Horizon Corp acquired a new position in shares of iShares Gold Trust during the third quarter worth approximately $1,863,000. Strategic Blueprint LLC lifted its holdings in shares of iShares Gold Trust by 30.2% during the third quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock worth $9,964,000 after buying an additional 31,746 shares during the last quarter. Finally, MA Private Wealth boosted its position in shares of iShares Gold Trust by 10.3% in the third quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock valued at $11,480,000 after acquiring an additional 14,705 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 1.3%

Shares of iShares Gold Trust stock opened at $94.38 on Friday. The company’s fifty day simple moving average is $93.05 and its 200-day simple moving average is $81.68. The company has a market cap of $79.69 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1 year low of $55.78 and a 1 year high of $104.40.

iShares Gold Trust News Summary

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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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