iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by PCA Investment Advisory Services Inc.

PCA Investment Advisory Services Inc. grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.7% during the 4th quarter, HoldingsChannel reports. The firm owned 4,867 shares of the exchange traded fund’s stock after buying an additional 305 shares during the period. PCA Investment Advisory Services Inc.’s holdings in iShares Gold Trust were worth $241,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IAU. Global Financial Private Client LLC lifted its stake in shares of iShares Gold Trust by 19.6% in the fourth quarter. Global Financial Private Client LLC now owns 10,777 shares of the exchange traded fund’s stock worth $534,000 after buying an additional 1,763 shares in the last quarter. Marcum Wealth LLC acquired a new stake in iShares Gold Trust in the 4th quarter valued at about $359,000. Unique Wealth LLC lifted its stake in iShares Gold Trust by 193.7% in the 4th quarter. Unique Wealth LLC now owns 13,336 shares of the exchange traded fund’s stock worth $660,000 after purchasing an additional 8,795 shares in the last quarter. Tsfg LLC boosted its holdings in shares of iShares Gold Trust by 3,328.2% during the 4th quarter. Tsfg LLC now owns 64,210 shares of the exchange traded fund’s stock worth $3,179,000 after purchasing an additional 62,337 shares during the last quarter. Finally, Courier Capital LLC acquired a new stake in shares of iShares Gold Trust in the fourth quarter valued at approximately $864,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $50.25 on Tuesday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The stock’s fifty day moving average is $49.87 and its two-hundred day moving average is $48.57.

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.