Van Hulzen Asset Management LLC Raises Stake in iShares Gold Trust (NYSEARCA:IAU)

Van Hulzen Asset Management LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 243,168 shares of the exchange traded fund’s stock after acquiring an additional 4,340 shares during the period. iShares Gold Trust comprises approximately 0.9% of Van Hulzen Asset Management LLC’s portfolio, making the stock its 29th biggest holding. Van Hulzen Asset Management LLC’s holdings in iShares Gold Trust were worth $12,039,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Bank of New York Mellon Corp grew its position in iShares Gold Trust by 5.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,136,328 shares of the exchange traded fund’s stock worth $56,260,000 after acquiring an additional 62,195 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $442,000. Sanchez Wealth Management Group bought a new position in shares of iShares Gold Trust in the fourth quarter worth approximately $228,000. JPMorgan Chase & Co. increased its stake in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares during the period. Finally, Independent Family Office LLC raised its holdings in iShares Gold Trust by 4.1% during the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after buying an additional 16,827 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 0.0 %

Shares of IAU opened at $56.29 on Friday. The stock has a market capitalization of $40.33 billion, a P/E ratio of -34.13 and a beta of 0.20. iShares Gold Trust has a twelve month low of $40.64 and a twelve month high of $56.53. The firm has a fifty day simple moving average of $53.40 and a two-hundred day simple moving average of $51.03.

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.