iShares Gold Trust (NYSEARCA:IAU) Stock Position Raised by Bigelow Investment Advisors LLC

Bigelow Investment Advisors LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 14.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 121,645 shares of the exchange traded fund’s stock after acquiring an additional 15,354 shares during the period. iShares Gold Trust accounts for approximately 2.8% of Bigelow Investment Advisors LLC’s portfolio, making the stock its 6th biggest position. Bigelow Investment Advisors LLC’s holdings in iShares Gold Trust were worth $6,023,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of IAU. Exchange Traded Concepts LLC purchased a new stake in iShares Gold Trust during the 3rd quarter worth about $163,000. OLD National Bancorp IN increased its holdings in iShares Gold Trust by 16.7% during the 3rd quarter. OLD National Bancorp IN now owns 15,989 shares of the exchange traded fund’s stock worth $795,000 after purchasing an additional 2,285 shares during the period. Trilogy Capital Inc. purchased a new stake in iShares Gold Trust during the 3rd quarter worth about $214,000. Castleview Partners LLC increased its holdings in iShares Gold Trust by 5,031.9% during the 3rd quarter. Castleview Partners LLC now owns 3,541 shares of the exchange traded fund’s stock worth $176,000 after purchasing an additional 3,472 shares during the period. Finally, Telos Capital Management Inc. purchased a new stake in iShares Gold Trust during the 3rd quarter worth about $227,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $55.37 on Wednesday. iShares Gold Trust has a 52-week low of $38.21 and a 52-week high of $55.44. The business has a 50-day moving average price of $51.37 and a 200 day moving average price of $49.92.

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.