Certified Advisory Corp Buys New Stake in iShares Gold Trust (NYSEARCA:IAU)

Certified Advisory Corp bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,210 shares of the exchange traded fund’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Redhawk Wealth Advisors Inc. increased its stake 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 valued at $445,000 after purchasing an additional 262 shares in the last quarter. Ieq Capital LLC lifted its holdings in iShares Gold Trust by 0.7% during the third quarter. Ieq Capital LLC now owns 41,123 shares of the exchange traded fund’s stock valued at $1,439,000 after purchasing an additional 266 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co lifted its stake in shares of iShares Gold Trust by 2.0% in the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,853 shares of the exchange traded fund’s stock worth $541,000 after buying an additional 277 shares in the last quarter. Asset Dedication LLC lifted its stake in shares of iShares Gold Trust by 2.5% in the third quarter. Asset Dedication LLC now owns 11,334 shares of the exchange traded fund’s stock worth $396,000 after buying an additional 278 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of iShares Gold Trust by 10.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock worth $119,000 after buying an additional 282 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU stock traded down $0.46 during trading on Thursday, reaching $44.53. 1,579,810 shares of the stock were exchanged, compared to its average volume of 6,799,154. The business has a 50 day moving average price of $43.56 and a 200-day moving average price of $40.25. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $46.08.

About iShares Gold Trust

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.