Bigelow Investment Advisors LLC Acquires 10,013 Shares of iShares Gold Trust (NYSEARCA:IAU)

Bigelow Investment Advisors LLC grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 10.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 106,291 shares of the exchange traded fund’s stock after purchasing an additional 10,013 shares during the period. iShares Gold Trust makes up about 2.4% of Bigelow Investment Advisors LLC’s portfolio, making the stock its 8th biggest holding. Bigelow Investment Advisors LLC’s holdings in iShares Gold Trust were worth $5,283,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Howard Financial Services LTD. lifted its position in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 220 shares in the last quarter. Financial Sense Advisors Inc. grew its position in shares of iShares Gold Trust by 0.4% in the first quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after purchasing an additional 230 shares during the period. Pettinga Financial Advisors LLC grew its position in shares of iShares Gold Trust by 2.5% in the first quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after purchasing an additional 245 shares during the period. Avaii Wealth Management LLC raised its position in shares of iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after purchasing an additional 249 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its position in shares of iShares Gold Trust by 1.4% during the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after purchasing an additional 262 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Up 1.0 %

IAU stock opened at $51.37 on Friday. iShares Gold Trust has a 12-month low of $36.57 and a 12-month high of $51.41. The business’s 50-day moving average is $48.59 and its 200 day moving average is $45.99.

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.