Wealthspan Partners LLC Purchases 2,423 Shares of iShares Gold Trust (NYSEARCA:IAU)

Wealthspan Partners LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 2.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 120,171 shares of the exchange traded fund’s stock after buying an additional 2,423 shares during the quarter. iShares Gold Trust comprises about 3.3% of Wealthspan Partners LLC’s holdings, making the stock its 6th largest position. Wealthspan Partners LLC’s holdings in iShares Gold Trust were worth $7,085,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Tucker Asset Management LLC increased its stake in iShares Gold Trust by 106.9% in the 4th quarter. Tucker Asset Management LLC now owns 509 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 263 shares during the period. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of iShares Gold Trust during the 4th quarter worth $28,000. Dunhill Financial LLC boosted its position in shares of iShares Gold Trust by 86.6% during the 1st quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 219 shares in the last quarter. Wintrust Investments LLC purchased a new stake in shares of iShares Gold Trust during the 4th quarter worth $29,000. Finally, Wood Tarver Financial Group LLC purchased a new stake in shares of iShares Gold Trust during the 4th quarter worth $31,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $63.48 on Thursday. The firm has a market capitalization of $46.72 billion, a P/E ratio of -38.57 and a beta of 0.12. iShares Gold Trust has a one year low of $43.35 and a one year high of $65.00. The company’s fifty day moving average is $62.48 and its two-hundred day moving average is $56.48.

iShares Gold Trust Profile

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.