Astoria Portfolio Advisors LLC. Grows Stake in iShares Gold Trust $IAU

Astoria Portfolio Advisors LLC. raised its stake in iShares Gold Trust (NYSEARCA:IAU) by 42.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,202 shares of the exchange traded fund’s stock after purchasing an additional 2,460 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in iShares Gold Trust were worth $521,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IAU. Diversified Enterprises LLC raised its holdings in iShares Gold Trust by 4.6% during the second quarter. Diversified Enterprises LLC now owns 3,683 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 163 shares in the last quarter. Red Mountain Financial LLC raised its holdings in iShares Gold Trust by 0.4% during the second quarter. Red Mountain Financial LLC now owns 46,314 shares of the exchange traded fund’s stock worth $2,888,000 after purchasing an additional 165 shares in the last quarter. Alpha Cubed Investments LLC raised its holdings in iShares Gold Trust by 4.0% during the first quarter. Alpha Cubed Investments LLC now owns 4,325 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 168 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its holdings in iShares Gold Trust by 1.5% during the first quarter. Mosaic Family Wealth Partners LLC now owns 11,345 shares of the exchange traded fund’s stock worth $669,000 after purchasing an additional 173 shares in the last quarter. Finally, Trust Point Inc. raised its holdings in iShares Gold Trust by 0.5% during the first quarter. Trust Point Inc. now owns 38,635 shares of the exchange traded fund’s stock worth $2,278,000 after purchasing an additional 176 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $75.58 on Monday. iShares Gold Trust has a 12 month low of $48.29 and a 12 month high of $76.49. The stock has a market cap of $62.47 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The stock’s 50 day moving average price is $67.72 and its 200 day moving average price is $64.06.

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.