Naviter Wealth LLC Boosts Position in iShares Gold Trust (NYSEARCA:IAU)

Naviter Wealth LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 31.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,579 shares of the exchange traded fund’s stock after purchasing an additional 7,233 shares during the period. Naviter Wealth LLC’s holdings in iShares Gold Trust were worth $1,520,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in IAU. Private Ocean LLC purchased a new stake in shares of iShares Gold Trust in the 1st quarter worth $29,000. Global Trust Asset Management LLC grew its holdings in iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 500 shares during the period. 1620 Investment Advisors Inc. purchased a new stake in iShares Gold Trust in the second quarter worth about $31,000. Opal Wealth Advisors LLC purchased a new stake in iShares Gold Trust in the second quarter worth about $34,000. Finally, Pacifica Partners Inc. bought a new position in shares of iShares Gold Trust in the second quarter worth about $35,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.6 %

Shares of NYSEARCA:IAU opened at $50.83 on Friday. The stock has a 50 day moving average of $48.49 and a 200 day moving average of $45.91. iShares Gold Trust has a 12-month low of $36.57 and a 12-month high of $50.92.

iShares Gold Trust Company 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.