Mutual Advisors LLC Raises Stock Position in iShares Gold Trust $IAU

Mutual Advisors LLC lifted its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 91.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 140,044 shares of the exchange traded fund’s stock after buying an additional 67,047 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Gold Trust were worth $10,860,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Evolution Wealth Advisors LLC lifted its holdings in iShares Gold Trust by 1.5% in the third quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock worth $646,000 after buying an additional 135 shares during the period. Axecap Investments LLC raised its position in shares of iShares Gold Trust by 1.0% in the 3rd quarter. Axecap Investments LLC now owns 14,316 shares of the exchange traded fund’s stock worth $1,042,000 after acquiring an additional 137 shares in the last quarter. Aspiriant LLC lifted its stake in shares of iShares Gold Trust by 1.8% in the 3rd quarter. Aspiriant LLC now owns 7,854 shares of the exchange traded fund’s stock valued at $572,000 after purchasing an additional 138 shares during the period. Sincerus Advisory LLC boosted its position in shares of iShares Gold Trust by 2.8% during the third quarter. Sincerus Advisory LLC now owns 5,184 shares of the exchange traded fund’s stock valued at $377,000 after purchasing an additional 143 shares in the last quarter. Finally, Regatta Capital Group LLC grew its stake in iShares Gold Trust by 0.5% in the third quarter. Regatta Capital Group LLC now owns 27,161 shares of the exchange traded fund’s stock worth $1,977,000 after purchasing an additional 145 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 10.2%

IAU opened at $91.20 on Friday. The company has a market cap of $77.00 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The stock has a fifty day simple moving average of $84.38 and a two-hundred day simple moving average of $75.08. iShares Gold Trust has a 12-month low of $52.74 and a 12-month high of $104.40.

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iShares Gold Trust Company 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).

See Also

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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