Perigon Wealth Management LLC Buys 67,388 Shares of iShares Gold Trust (NYSEARCA:IAU)

Perigon Wealth Management LLC increased its stake in iShares Gold Trust (NYSEARCA:IAU) by 24.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 340,342 shares of the exchange traded fund’s stock after purchasing an additional 67,388 shares during the quarter. Perigon Wealth Management LLC’s holdings in iShares Gold Trust were worth $20,067,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Tucker Asset Management LLC grew its stake in iShares Gold Trust by 106.9% in the 4th quarter. Tucker Asset Management LLC now owns 509 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 263 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. purchased a new position in iShares Gold Trust in the 4th quarter valued at approximately $28,000. Dunhill Financial LLC grew its stake in iShares Gold Trust by 86.6% in the 1st quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 219 shares in the last quarter. Wintrust Investments LLC purchased a new position in iShares Gold Trust in the 4th quarter valued at approximately $29,000. Finally, Wood Tarver Financial Group LLC purchased a new position in iShares Gold Trust in the 4th quarter valued at approximately $31,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.3%

iShares Gold Trust stock opened at $62.85 on Thursday. iShares Gold Trust has a 1-year low of $43.35 and a 1-year high of $65.00. The firm has a market capitalization of $46.90 billion, a price-to-earnings ratio of 5.53 and a beta of 0.12. The firm has a 50 day simple moving average of $62.70 and a 200 day simple moving average of $56.94.

iShares Gold Trust 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.