MassMutual Private Wealth & Trust FSB Acquires 1,057 Shares of iShares Gold Trust (NYSEARCA:IAU)

MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 29,670 shares of the exchange traded fund’s stock after purchasing an additional 1,057 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in iShares Gold Trust were worth $1,469,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. TCP Asset Management LLC raised its stake in iShares Gold Trust by 3.0% during the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after buying an additional 195 shares during the last quarter. Baker Avenue Asset Management LP raised its position in shares of iShares Gold Trust by 2.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 215 shares during the last quarter. SeaCrest Wealth Management LLC boosted its stake in iShares Gold Trust by 2.7% in the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 215 shares in the last quarter. Howard Financial Services LTD. grew its position in 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 purchasing an additional 220 shares during the last quarter. Finally, Avaii Wealth Management LLC grew its position in 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 valued at $736,000 after purchasing an additional 249 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.5 %

Shares of iShares Gold Trust stock opened at $50.99 on Tuesday. The company has a 50-day simple moving average of $49.87 and a two-hundred day simple moving average of $48.76. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $52.69.

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.