U.S. Capital Wealth Advisors LLC Boosts Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

U.S. Capital Wealth Advisors LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 700.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 66,070 shares of the exchange traded fund’s stock after purchasing an additional 57,815 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $3,271,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IAU. AQR Capital Management LLC bought a new position in iShares Gold Trust in the second quarter worth about $683,000. Park Avenue Securities LLC boosted its stake in iShares Gold Trust by 16.5% in the third quarter. Park Avenue Securities LLC now owns 10,286 shares of the exchange traded fund’s stock valued at $511,000 after acquiring an additional 1,459 shares in the last quarter. GAMMA Investing LLC increased its position in shares of iShares Gold Trust by 158.7% during the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 887 shares in the last quarter. Diversified Trust Co lifted its holdings in shares of iShares Gold Trust by 17.4% during the 3rd quarter. Diversified Trust Co now owns 6,506 shares of the exchange traded fund’s stock valued at $323,000 after purchasing an additional 963 shares during the last quarter. Finally, Chemistry Wealth Management LLC boosted its position in shares of iShares Gold Trust by 0.4% in the 3rd quarter. Chemistry Wealth Management LLC now owns 299,122 shares of the exchange traded fund’s stock worth $14,866,000 after purchasing an additional 1,293 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 0.2 %

Shares of NYSEARCA:IAU opened at $52.87 on Monday. The business’s 50-day moving average is $50.39 and its 200 day moving average is $49.21. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $53.18.

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.