Patriot Financial Group Insurance Agency LLC Has $1.43 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 19.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,509 shares of the exchange traded fund’s stock after buying an additional 5,980 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares Gold Trust were worth $1,425,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Moneta Group Investment Advisors LLC boosted its stake in shares of iShares Gold Trust by 413,629.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 28,998,294 shares of the exchange traded fund’s stock worth $1,003,051,000 after buying an additional 28,991,285 shares during the last quarter. Morgan Stanley lifted its stake in iShares Gold Trust by 3.2% in the 4th quarter. Morgan Stanley now owns 22,233,703 shares of the exchange traded fund’s stock valued at $769,064,000 after purchasing an additional 694,430 shares during the last quarter. Charles Schwab Investment Advisory Inc. lifted its stake in iShares Gold Trust by 1.4% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 21,165,835 shares of the exchange traded fund’s stock valued at $779,537,000 after purchasing an additional 292,574 shares during the last quarter. Empower Advisory Group LLC lifted its stake in iShares Gold Trust by 2.6% in the 3rd quarter. Empower Advisory Group LLC now owns 14,357,348 shares of the exchange traded fund’s stock valued at $502,364,000 after purchasing an additional 366,559 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in iShares Gold Trust by 7.5% in the 2nd quarter. Wells Fargo & Company MN now owns 11,869,048 shares of the exchange traded fund’s stock valued at $431,915,000 after purchasing an additional 828,022 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.3 %

NYSEARCA:IAU traded up $0.52 during mid-day trading on Friday, hitting $42.01. The stock had a trading volume of 7,533,827 shares, compared to its average volume of 5,512,183. iShares Gold Trust has a twelve month low of $34.35 and a twelve month high of $42.09. The company’s 50 day simple moving average is $39.42 and its 200 day simple moving average is $38.12.

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.