Carmichael Hill & Associates Inc. Boosts Holdings in iShares Gold Trust (NYSEARCA:IAU)

Carmichael Hill & Associates Inc. grew its position in iShares Gold Trust (NYSEARCA:IAU) by 120.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,532 shares of the exchange traded fund’s stock after purchasing an additional 1,385 shares during the quarter. Carmichael Hill & Associates Inc.’s holdings in iShares Gold Trust were worth $126,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. TCP Asset Management LLC grew its stake in iShares Gold Trust by 3.0% during the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 195 shares during the last quarter. Howard Financial Services LTD. grew its stake in shares of iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 220 shares during the last quarter. Avaii Wealth Management LLC grew its stake in shares of iShares Gold Trust by 1.7% during the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 249 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in shares of iShares Gold Trust by 1.4% during the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after acquiring an additional 262 shares in the last quarter. Finally, OMNI 360 Wealth Inc. raised its position in shares of iShares Gold Trust by 5.0% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 5,632 shares of the exchange traded fund’s stock valued at $280,000 after purchasing an additional 270 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $51.62 on Friday. iShares Gold Trust has a twelve month low of $36.57 and a twelve month high of $52.69. The company’s 50 day moving average is $49.56 and its two-hundred day moving average is $46.52.

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.