Concord Wealth Partners acquired a new stake in shares of iShares Gold Trust (NYSEARCA:IAU – Get Rating) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,730 shares of the exchange traded fund’s stock, valued at approximately $60,000.
Other institutional investors also recently made changes to their positions in the company. Psagot Value Holdings Ltd. Israel purchased a new stake in shares of iShares Gold Trust during the 3rd quarter valued at $32,000. Hexagon Capital Partners LLC boosted its position in iShares Gold Trust by 73.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 928 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 393 shares during the period. Accurate Wealth Management LLC purchased a new stake in iShares Gold Trust during the 4th quarter worth $33,000. Valley National Advisers Inc. boosted its position in iShares Gold Trust by 98.2% during the 3rd quarter. Valley National Advisers Inc. now owns 1,092 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 541 shares during the period. Finally, Fiduciary Alliance LLC purchased a new stake in iShares Gold Trust during the 4th quarter worth $36,000. 62.40% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Stock Up 0.5 %
Shares of iShares Gold Trust stock opened at $38.19 on Thursday. The company has a fifty day moving average price of $36.11 and a 200 day moving average price of $34.46. iShares Gold Trust has a twelve month low of $30.69 and a twelve month high of $38.52.
iShares Gold Trust Company 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.
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