iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by LVM Capital Management Ltd. MI

LVM Capital Management Ltd. MI lifted its position in iShares Gold Trust (NYSEARCA:IAU) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 290,431 shares of the exchange traded fund’s stock after acquiring an additional 5,261 shares during the quarter. iShares Gold Trust accounts for approximately 1.5% of LVM Capital Management Ltd. MI’s holdings, making the stock its 18th largest position. LVM Capital Management Ltd. MI’s holdings in iShares Gold Trust were worth $14,379,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in IAU. Archer Investment Corp lifted its holdings in iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares during the last quarter. Global Trust Asset Management LLC boosted its position in iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 500 shares during the period. Zions Bancorporation N.A. grew its stake in iShares Gold Trust by 32.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock worth $63,000 after buying an additional 357 shares during the last quarter. Finally, McIlrath & Eck LLC increased its position in iShares Gold Trust by 34.3% in the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 341 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of IAU traded up $0.45 during midday trading on Friday, hitting $50.74. 5,241,222 shares of the stock traded hands, compared to its average volume of 4,411,992. The business’s 50 day moving average price is $49.92 and its two-hundred day moving average price is $48.41. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69.

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.