iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Wealth Management Partners LLC

Wealth Management Partners LLC grew its position in iShares Gold Trust (NYSEARCA:IAU) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,402 shares of the exchange traded fund’s stock after buying an additional 1,723 shares during the quarter. iShares Gold Trust accounts for approximately 4.3% of Wealth Management Partners LLC’s holdings, making the stock its 5th biggest holding. Wealth Management Partners LLC’s holdings in iShares Gold Trust were worth $10,021,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Archer Investment Corp increased its position in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares in the last quarter. Global Trust Asset Management LLC increased its position in iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 500 shares in the last quarter. McIlrath & Eck LLC increased its position in iShares Gold Trust by 34.3% during the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 341 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in iShares Gold Trust by 158.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 887 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.5 %

iShares Gold Trust stock opened at $50.99 on Monday. The stock has a 50-day moving average price of $49.87 and a 200 day moving average price of $48.76. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.69.

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.