Kestra Advisory Services LLC Buys 37,442 Shares of iShares Gold Trust (NYSEARCA:IAU)

Kestra Advisory Services LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 10.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 401,435 shares of the exchange traded fund’s stock after buying an additional 37,442 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.06% of iShares Gold Trust worth $16,864,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in IAU. CVA Family Office LLC bought a new position in iShares Gold Trust during the fourth quarter valued at about $61,000. PFG Investments LLC boosted its position in iShares Gold Trust by 4.9% during the fourth quarter. PFG Investments LLC now owns 10,677 shares of the exchange traded fund’s stock worth $417,000 after purchasing an additional 500 shares during the period. IFG Advisory LLC boosted its position in iShares Gold Trust by 8.1% during the fourth quarter. IFG Advisory LLC now owns 18,180 shares of the exchange traded fund’s stock worth $710,000 after purchasing an additional 1,360 shares during the period. Planned Solutions Inc. bought a new position in iShares Gold Trust during the fourth quarter worth about $58,000. Finally, Inscription Capital LLC boosted its position in iShares Gold Trust by 0.8% during the fourth quarter. Inscription Capital LLC now owns 87,590 shares of the exchange traded fund’s stock worth $3,419,000 after purchasing an additional 702 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU traded up $0.46 on Friday, reaching $45.08. 3,162,380 shares of the company’s stock were exchanged, compared to its average volume of 3,867,663. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $46.93. The stock has a fifty day simple moving average of $44.59 and a 200-day simple moving average of $42.34.

iShares Gold Trust 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.

Further Reading

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

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