PFG Investments LLC Raises Holdings in iShares Gold Trust (NYSEARCA:IAU)

PFG Investments LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,677 shares of the exchange traded fund’s stock after buying an additional 500 shares during the period. PFG Investments LLC’s holdings in iShares Gold Trust were worth $417,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Redhawk Wealth Advisors Inc. grew its position in iShares Gold Trust by 2.4% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock worth $445,000 after acquiring an additional 262 shares during the last quarter. Ieq Capital LLC grew its position in iShares Gold Trust by 0.7% during the 3rd quarter. Ieq Capital LLC now owns 41,123 shares of the exchange traded fund’s stock worth $1,439,000 after acquiring an additional 266 shares during the last quarter. Asset Dedication LLC grew its position in iShares Gold Trust by 2.5% during the 3rd quarter. Asset Dedication LLC now owns 11,334 shares of the exchange traded fund’s stock worth $396,000 after acquiring an additional 278 shares during the last quarter. First Financial Corp IN grew its position in iShares Gold Trust by 19.9% during the 4th quarter. First Financial Corp IN now owns 1,715 shares of the exchange traded fund’s stock worth $67,000 after acquiring an additional 285 shares during the last quarter. Finally, Journey Advisory Group LLC grew its position in shares of iShares Gold Trust by 4.0% in the 3rd quarter. Journey Advisory Group LLC now owns 7,760 shares of the exchange traded fund’s stock worth $272,000 after buying an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.7 %

Shares of IAU stock opened at $41.49 on Thursday. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $41.66. The business’s 50 day moving average price is $39.28 and its 200-day moving average price is $38.05.

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.