Mutual Advisors LLC Has $13.16 Million Position in iShares Gold Trust $IAU

Mutual Advisors LLC raised its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 15.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 162,082 shares of the exchange traded fund’s stock after purchasing an additional 22,038 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Gold Trust were worth $13,156,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Abich Financial Wealth Management LLC bought a new position in shares of iShares Gold Trust in the third quarter valued at about $25,000. Mountain Hill Investment Partners Corp. bought a new position in shares of iShares Gold Trust in the third quarter valued at about $29,000. Dakota Community Bank & Trust NA bought a new position in shares of iShares Gold Trust in the fourth quarter valued at about $30,000. Fourth Dimension Wealth LLC raised its position in shares of iShares Gold Trust by 436.3% in the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 349 shares during the period. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of iShares Gold Trust in the third quarter valued at about $31,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

Shares of IAU opened at $86.85 on Friday. iShares Gold Trust has a fifty-two week low of $59.71 and a fifty-two week high of $104.40. The firm has a market capitalization of $73.94 billion, a PE ratio of 5.53 and a beta of 0.20. The company’s 50-day moving average is $90.99 and its 200-day moving average is $86.00.

Key Stories Impacting iShares Gold Trust

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iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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