Valeo Financial Advisors LLC Purchases 377 Shares of iShares Gold Trust (NYSEARCA:IAU)

Valeo Financial Advisors LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 2.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,311 shares of the exchange traded fund’s stock after purchasing an additional 377 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Gold Trust were worth $857,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC bought a new stake in shares of iShares Gold Trust during the 3rd quarter valued at $163,000. Good Life Advisors LLC bought a new stake in shares of iShares Gold Trust during the 3rd quarter valued at $436,000. Bleakley Financial Group LLC lifted its position in shares of iShares Gold Trust by 48.8% during the 3rd quarter. Bleakley Financial Group LLC now owns 18,972 shares of the exchange traded fund’s stock valued at $943,000 after acquiring an additional 6,221 shares during the period. Stratos Wealth Partners LTD. lifted its position in shares of iShares Gold Trust by 4.8% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 158,557 shares of the exchange traded fund’s stock valued at $7,880,000 after acquiring an additional 7,260 shares during the period. Finally, Stratos Wealth Advisors LLC lifted its position in shares of iShares Gold Trust by 2.2% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 58,588 shares of the exchange traded fund’s stock valued at $2,912,000 after acquiring an additional 1,250 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $54.46 on Monday. iShares Gold Trust has a 52 week low of $37.76 and a 52 week high of $55.29. The stock has a fifty day moving average of $51.28 and a 200-day moving average of $49.83.

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.