Freestone Capital Holdings LLC Boosts Stake in iShares Gold Trust (NYSEARCA:IAU)

Freestone Capital Holdings LLC lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,754 shares of the exchange traded fund’s stock after acquiring an additional 1,372 shares during the quarter. Freestone Capital Holdings LLC’s holdings in iShares Gold Trust were worth $1,124,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. PFG Advisors boosted its stake in iShares Gold Trust by 3.7% in the fourth quarter. PFG Advisors now owns 20,968 shares of the exchange traded fund’s stock valued at $818,000 after acquiring an additional 754 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its stake in iShares Gold Trust by 203.7% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 19,533 shares of the exchange traded fund’s stock valued at $762,000 after acquiring an additional 13,101 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at approximately $544,000. Geneos Wealth Management Inc. boosted its stake in iShares Gold Trust by 10.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock valued at $119,000 after acquiring an additional 282 shares in the last quarter. Finally, Southland Equity Partners LLC boosted its stake in iShares Gold Trust by 21.8% in the first quarter. Southland Equity Partners LLC now owns 8,870 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 1,590 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Up 1.0 %

Shares of NYSEARCA:IAU traded up $0.45 on Friday, hitting $45.07. 2,543,938 shares of the company were exchanged, compared to its average volume of 6,086,806. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $46.93. The stock’s 50 day moving average price is $44.60 and its 200 day moving average price is $42.26.

About iShares Gold Trust

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.