Twin Peaks Wealth Advisors LLC Purchases 10,022 Shares of iShares Gold Trust $IAU

Twin Peaks Wealth Advisors LLC grew its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 56.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,631 shares of the exchange traded fund’s stock after buying an additional 10,022 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $2,011,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IAU. Brighton Jones LLC bought a new position in shares of iShares Gold Trust in the 4th quarter valued at $1,864,000. Bison Wealth LLC raised its position in shares of iShares Gold Trust by 78.5% in the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 7,379 shares in the last quarter. AQR Capital Management LLC grew its stake in iShares Gold Trust by 47.0% during the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after purchasing an additional 8,609 shares during the period. Fifth Third Bancorp increased its holdings in iShares Gold Trust by 21.9% in the second quarter. Fifth Third Bancorp now owns 6,812 shares of the exchange traded fund’s stock worth $425,000 after purchasing an additional 1,226 shares in the last quarter. Finally, Norden Group LLC bought a new stake in iShares Gold Trust in the second quarter worth approximately $209,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

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iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $90.87 on Thursday. The stock has a market capitalization of $76.38 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $51.52 and a 52-week high of $91.74. The stock’s 50 day moving average price is $81.69 and its two-hundred day moving average price is $73.45.

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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