Harbour Investments Inc. Purchases 4,832 Shares of iShares Gold Trust (NYSEARCA:IAU)

Harbour Investments Inc. raised its position in iShares Gold Trust (NYSEARCA:IAU) by 10.4% in the 4th quarter, Holdings Channel reports. The firm owned 51,432 shares of the exchange traded fund’s stock after buying an additional 4,832 shares during the quarter. Harbour Investments Inc.’s holdings in iShares Gold Trust were worth $2,546,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of IAU. Oppenheimer & Co. Inc. boosted its holdings in iShares Gold Trust by 42.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 38,259 shares of the exchange traded fund’s stock valued at $1,901,000 after purchasing an additional 11,471 shares during the period. Thrivent Financial for Lutherans boosted its holdings in iShares Gold Trust by 0.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 110,016 shares of the exchange traded fund’s stock valued at $5,468,000 after purchasing an additional 640 shares during the period. Strengthening Families & Communities LLC boosted its holdings in iShares Gold Trust by 279.3% in the 3rd quarter. Strengthening Families & Communities LLC now owns 50,892 shares of the exchange traded fund’s stock valued at $2,529,000 after purchasing an additional 37,476 shares during the period. Cassaday & Co Wealth Management LLC bought a new position in iShares Gold Trust in the 3rd quarter valued at $284,000. Finally, Pathstone Holdings LLC lifted its holdings in shares of iShares Gold Trust by 0.7% during the 3rd quarter. Pathstone Holdings LLC now owns 156,746 shares of the exchange traded fund’s stock worth $7,790,000 after acquiring an additional 1,033 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $56.62 on Tuesday. iShares Gold Trust has a 52-week low of $40.64 and a 52-week high of $57.11. The company has a market capitalization of $40.56 billion, a P/E ratio of -34.13 and a beta of 0.20. The company has a fifty day moving average of $53.54 and a 200-day moving average of $51.12.

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.