iShares Gold Trust $IAU Stock Holdings Boosted by Life Line Wealth Management LLC

Life Line Wealth Management LLC raised its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 30.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 834,406 shares of the exchange traded fund’s stock after acquiring an additional 196,475 shares during the period. iShares Gold Trust makes up 20.0% of Life Line Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Life Line Wealth Management LLC owned 0.10% of iShares Gold Trust worth $67,729,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Gold Trust in the 3rd quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares Gold Trust during the third quarter worth $29,000. Dakota Community Bank & Trust NA purchased a new position in iShares Gold Trust in the 4th quarter valued at $30,000. Fourth Dimension Wealth LLC grew its position in iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 349 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in iShares Gold Trust in the 3rd quarter valued at $31,000. 59.67% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting iShares Gold Trust

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iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock opened at $89.06 on Tuesday. The company has a market cap of $75.82 billion, a P/E ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a one year low of $59.71 and a one year high of $104.40. The firm has a fifty day moving average of $90.07 and a two-hundred day moving average of $86.40.

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).

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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