iShares Gold Trust $IAU Shares Purchased by Security Financial Services INC.

Security Financial Services INC. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 48.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,585 shares of the exchange traded fund’s stock after buying an additional 25,900 shares during the quarter. Security Financial Services INC.’s holdings in iShares Gold Trust were worth $6,216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. RFG Advisory LLC boosted its position in shares of iShares Gold Trust by 35.8% during the second quarter. RFG Advisory LLC now owns 38,956 shares of the exchange traded fund’s stock valued at $2,942,000 after purchasing an additional 10,263 shares in the last quarter. Avestar Capital LLC grew its stake in iShares Gold Trust by 8.2% in the third quarter. Avestar Capital LLC now owns 154,177 shares of the exchange traded fund’s stock worth $12,041,000 after purchasing an additional 11,672 shares during the period. Robertson Stephens Wealth Management LLC raised its holdings in iShares Gold Trust by 70.2% in the third quarter. Robertson Stephens Wealth Management LLC now owns 32,722 shares of the exchange traded fund’s stock worth $2,556,000 after purchasing an additional 13,497 shares in the last quarter. Wedbush Securities Inc. raised its holdings in iShares Gold Trust by 18.2% in the second quarter. Wedbush Securities Inc. now owns 54,861 shares of the exchange traded fund’s stock worth $4,143,000 after purchasing an additional 8,462 shares in the last quarter. Finally, Principia Wealth Advisory LLC raised its holdings in iShares Gold Trust by 28.8% in the second quarter. Principia Wealth Advisory LLC now owns 62,189 shares of the exchange traded fund’s stock worth $4,696,000 after purchasing an additional 13,902 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock opened at $72.92 on Monday. The firm has a market capitalization of $57.50 billion, a P/E ratio of 5.53 and a beta of 0.18. The business has a fifty day simple moving average of $80.07 and a two-hundred day simple moving average of $84.62. iShares Gold Trust has a 12 month low of $72.71 and a 12 month high of $104.40.

iShares Gold Trust 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. 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).