Capital Advisors Inc. OK Grows Position in iShares Gold Trust (NYSEARCA:IAU)

Capital Advisors Inc. OK increased its position in iShares Gold Trust (NYSEARCA:IAU) by 29.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 14,223 shares of the exchange traded fund’s stock after purchasing an additional 3,257 shares during the period. Capital Advisors Inc. OK’s holdings in iShares Gold Trust were worth $704,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IAU. TCP Asset Management LLC grew its holdings in iShares Gold Trust by 3.0% in the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after acquiring an additional 195 shares during the last quarter. Riggs Asset Managment Co. Inc. grew its stake in shares of iShares Gold Trust by 1.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after purchasing an additional 212 shares during the last quarter. Baker Avenue Asset Management LP grew its stake in shares of iShares Gold Trust by 2.9% in the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 215 shares during the last quarter. SeaCrest Wealth Management LLC increased its holdings in iShares Gold Trust by 2.7% during the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 215 shares during the period. Finally, Avaii Wealth Management LLC raised its position in iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after purchasing an additional 249 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.1 %

NYSEARCA IAU opened at $54.75 on Thursday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $54.94. The stock has a 50 day simple moving average of $50.98 and a two-hundred day simple moving average of $49.66.

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.