TSA Wealth Managment LLC Purchases Shares of 27,212 iShares Gold Trust (NYSEARCA:IAU)

TSA Wealth Managment LLC purchased a new stake in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 27,212 shares of the exchange traded fund’s stock, valued at approximately $1,347,000. iShares Gold Trust makes up 0.5% of TSA Wealth Managment LLC’s holdings, making the stock its 28th largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. Gladstone Institutional Advisory LLC boosted its position in iShares Gold Trust by 6.7% in the third quarter. Gladstone Institutional Advisory LLC now owns 11,572 shares of the exchange traded fund’s stock valued at $575,000 after buying an additional 728 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of iShares Gold Trust by 6.6% during the third quarter. Farther Finance Advisors LLC now owns 26,957 shares of the exchange traded fund’s stock worth $1,340,000 after purchasing an additional 1,678 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of iShares Gold Trust by 1.0% during the third quarter. Janney Montgomery Scott LLC now owns 343,179 shares of the exchange traded fund’s stock worth $17,056,000 after purchasing an additional 3,516 shares in the last quarter. Citizens National Bank Trust Department lifted its position in shares of iShares Gold Trust by 124.1% during the third quarter. Citizens National Bank Trust Department now owns 21,332 shares of the exchange traded fund’s stock worth $1,060,000 after purchasing an additional 11,815 shares in the last quarter. Finally, Signify Wealth lifted its position in shares of iShares Gold Trust by 10.9% during the third quarter. Signify Wealth now owns 64,680 shares of the exchange traded fund’s stock worth $3,215,000 after purchasing an additional 6,373 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.3 %

Shares of IAU stock opened at $54.57 on Tuesday. iShares Gold Trust has a 1 year low of $39.61 and a 1 year high of $55.70. The firm’s 50 day moving average is $52.38 and its 200-day moving average is $50.56. The firm has a market capitalization of $37.03 billion, a price-to-earnings ratio of -33.32 and a beta of 0.20.

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.