iShares Gold Trust (NYSEARCA:IAU) Holdings Boosted by InterOcean Capital Group LLC

InterOcean Capital Group LLC boosted its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 3.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,093 shares of the exchange traded fund’s stock after purchasing an additional 1,274 shares during the period. InterOcean Capital Group LLC’s holdings in iShares Gold Trust were worth $1,487,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PFG Advisors grew its position in iShares Gold Trust by 3.7% during the 4th quarter. PFG Advisors now owns 20,968 shares of the exchange traded fund’s stock worth $818,000 after purchasing an additional 754 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of iShares Gold Trust by 203.7% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 19,533 shares of the exchange traded fund’s stock valued at $762,000 after buying an additional 13,101 shares during the period. Hsbc Holdings PLC boosted its stake in shares of iShares Gold Trust by 6.7% during the 3rd quarter. Hsbc Holdings PLC now owns 99,513 shares of the exchange traded fund’s stock valued at $3,482,000 after buying an additional 6,263 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in shares of iShares Gold Trust during the 4th quarter valued at $544,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of iShares Gold Trust by 10.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock valued at $119,000 after buying an additional 282 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 1.4 %

Shares of NYSEARCA:IAU traded down $0.65 during trading on Wednesday, reaching $45.17. 4,500,582 shares of the company traded hands, compared to its average volume of 6,835,683. The firm has a fifty day simple moving average of $43.48 and a 200 day simple moving average of $40.21. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $46.08.

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.

Further Reading

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

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