iShares Gold Trust (NYSEARCA:IAU) is TriaGen Wealth Management LLC’s 10th Largest Position

TriaGen Wealth Management LLC lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.9% during the fourth quarter, Holdings Channel reports. The fund owned 87,665 shares of the exchange traded fund’s stock after acquiring an additional 742 shares during the quarter. iShares Gold Trust accounts for 1.5% of TriaGen Wealth Management LLC’s holdings, making the stock its 10th largest position. TriaGen Wealth Management LLC’s holdings in iShares Gold Trust were worth $4,340,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in IAU. AQR Capital Management LLC acquired a new stake in shares of iShares Gold Trust during the 2nd quarter worth approximately $683,000. Massmutual Trust Co. FSB ADV grew its holdings in shares of iShares Gold Trust by 1.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 28,613 shares of the exchange traded fund’s stock worth $1,422,000 after purchasing an additional 338 shares in the last quarter. Unique Wealth LLC bought a new position in shares of iShares Gold Trust during the 3rd quarter worth approximately $226,000. Farmers Trust Co. lifted its position in shares of iShares Gold Trust by 17.8% during the 3rd quarter. Farmers Trust Co. now owns 9,246 shares of the exchange traded fund’s stock worth $460,000 after buying an additional 1,400 shares during the period. Finally, Wiser Wealth Management Inc bought a new position in shares of iShares Gold Trust during the 3rd quarter worth approximately $203,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $52.87 on Friday. The business has a 50 day simple moving average of $50.35 and a 200 day simple moving average of $49.15. iShares Gold Trust has a one year low of $37.53 and a one year high of $53.18.

iShares Gold Trust 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.