Kestra Private Wealth Services LLC Increases Stake in iShares Gold Trust (NYSEARCA:IAU)

Kestra Private Wealth Services LLC increased its stake in iShares Gold Trust (NYSEARCA:IAU) by 2.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 151,396 shares of the exchange traded fund’s stock after buying an additional 3,292 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Gold Trust were worth $7,496,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Sanchez Wealth Management Group purchased a new stake in shares of iShares Gold Trust during the 4th quarter worth about $228,000. JPMorgan Chase & Co. grew its stake in iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares during the period. Independent Family Office LLC grew its stake in iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after buying an additional 16,827 shares during the period. Silverleafe Capital Partners LLC increased its position in shares of iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after acquiring an additional 689 shares in the last quarter. Finally, Merit Financial Group LLC raised its stake in shares of iShares Gold Trust by 177.6% in the 4th quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after acquiring an additional 32,975 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 0.1 %

Shares of iShares Gold Trust stock opened at $53.97 on Monday. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $54.48. The company has a fifty day moving average price of $50.78 and a 200 day moving average price of $49.49.

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.