iShares Gold Trust $IAU Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC increased its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 54.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,928 shares of the exchange traded fund’s stock after acquiring an additional 48,797 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares Gold Trust were worth $11,196,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mach 1 Financial Group LLC acquired a new stake in iShares Gold Trust during the 4th quarter worth $461,000. Fortis Group Advisors LLC raised its stake in iShares Gold Trust by 11.8% during the 4th quarter. Fortis Group Advisors LLC now owns 63,626 shares of the exchange traded fund’s stock worth $5,165,000 after acquiring an additional 6,694 shares in the last quarter. Aspen Investment Management Inc acquired a new stake in iShares Gold Trust during the 4th quarter worth $439,000. IFP Advisors Inc raised its stake in iShares Gold Trust by 1.0% during the 4th quarter. IFP Advisors Inc now owns 572,339 shares of the exchange traded fund’s stock worth $46,457,000 after acquiring an additional 5,393 shares in the last quarter. Finally, Banque Cantonale Vaudoise raised its stake in iShares Gold Trust by 103.8% during the 4th quarter. Banque Cantonale Vaudoise now owns 54,969 shares of the exchange traded fund’s stock worth $4,463,000 after acquiring an additional 28,000 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $85.53 on Thursday. iShares Gold Trust has a 12 month low of $61.37 and a 12 month high of $104.40. The firm has a market capitalization of $72.82 billion, a P/E ratio of 5.53 and a beta of 0.16. The company’s fifty day moving average price is $88.56 and its 200 day moving average price is $86.92.

Key Stories Impacting iShares Gold Trust

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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

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

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