Claro Advisors LLC Invests $734,000 in iShares Gold Trust (NYSEARCA:IAU)

Claro Advisors LLC bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,827 shares of the exchange traded fund’s stock, valued at approximately $734,000.

A number of other large investors have also modified their holdings of IAU. Headlands Technologies LLC purchased a new position in shares of iShares Gold Trust during the 2nd quarter worth approximately $76,000. Zions Bancorporation N.A. increased its stake in iShares Gold Trust by 32.9% in the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 357 shares in the last quarter. Wealthspire Advisors LLC increased its stake in iShares Gold Trust by 6.4% in the 2nd quarter. Wealthspire Advisors LLC now owns 26,265 shares of the exchange traded fund’s stock valued at $1,154,000 after purchasing an additional 1,584 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Gold Trust by 15.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after purchasing an additional 479,796 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC increased its stake in iShares Gold Trust by 2.1% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock valued at $8,992,000 after purchasing an additional 4,189 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Down 1.0 %

NYSEARCA IAU opened at $50.25 on Tuesday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69. The business has a 50 day moving average price of $49.87 and a 200 day moving average price of $48.57.

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.