Kingsview Wealth Management LLC Has $17.81 Million Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Kingsview Wealth Management LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 23.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 359,676 shares of the exchange traded fund’s stock after selling 110,224 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares Gold Trust were worth $17,808,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IAU. Archer Investment Corp raised its holdings in iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares during the last quarter. Financial Life Planners bought a new stake in shares of iShares Gold Trust during the fourth quarter worth approximately $33,000. Valued Wealth Advisors LLC boosted its stake in iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 333 shares during the last quarter. Independence Bank of Kentucky bought a new position in iShares Gold Trust in the fourth quarter valued at approximately $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings 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 acquiring an additional 635 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

IAU stock opened at $53.97 on Friday. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $54.48. The business’s fifty day moving average is $50.71 and its 200-day moving average is $49.41.

About iShares Gold Trust

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.