Integrated Wealth Concepts LLC Buys 28,133 Shares of iShares Gold Trust $IAU

Integrated Wealth Concepts LLC grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 334,769 shares of the exchange traded fund’s stock after acquiring an additional 28,133 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares Gold Trust were worth $24,361,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC purchased a new stake in iShares Gold Trust in the fourth quarter worth $1,864,000. Bison Wealth LLC lifted its position in shares of iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after buying an additional 7,379 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of iShares Gold Trust by 47.0% during the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after buying an additional 8,609 shares during the last quarter. MJP Associates Inc. ADV bought a new position in shares of iShares Gold Trust during the 2nd quarter worth $211,000. Finally, Avantax Advisory Services Inc. grew its stake in shares of iShares Gold Trust by 7.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 341,605 shares of the exchange traded fund’s stock worth $21,302,000 after acquiring an additional 24,889 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU opened at $94.38 on Monday. iShares Gold Trust has a fifty-two week low of $55.78 and a fifty-two week high of $104.40. The business has a 50-day moving average of $93.05 and a 200 day moving average of $81.93. The firm has a market cap of $79.69 billion, a P/E ratio of 5.53 and a beta of 0.09.

About iShares Gold Trust

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).