LPL Financial LLC Boosts Stake in iShares Gold Trust $IAU

LPL Financial LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,742,286 shares of the exchange traded fund’s stock after acquiring an additional 203,528 shares during the quarter. LPL Financial LLC owned 1.63% of iShares Gold Trust worth $1,115,461,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IAU. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth about $25,000. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Gold Trust during the 4th quarter worth about $25,000. Gables Capital Management Inc. raised its position in shares of iShares Gold Trust by 173.1% during the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 225 shares during the last quarter. Dakota Community Bank & Trust NA acquired a new position in shares of iShares Gold Trust during the 4th quarter worth about $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth about $31,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

IAU opened at $81.22 on Monday. iShares Gold Trust has a twelve month low of $61.37 and a twelve month high of $104.40. The company has a 50-day moving average price of $87.03 and a 200 day moving average price of $87.59. The company has a market cap of $69.15 billion, a PE ratio of 5.53 and a beta of 0.15.

More iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

About iShares Gold Trust

(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).

Featured Stories

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)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.