Mraz Amerine & Associates Inc. increased its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,962 shares of the exchange traded fund’s stock after purchasing an additional 595 shares during the period. Mraz Amerine & Associates Inc.’s holdings in iShares Gold Trust were worth $1,038,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also bought and sold shares of IAU. Compass Financial Services Inc bought a new position in shares of iShares Gold Trust in the 4th quarter valued at $27,000. Archer Investment Corp boosted its stake in iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares in the last quarter. Financial Life Planners bought a new position in iShares Gold Trust in the fourth quarter valued at about $33,000. Newbridge Financial Services Group Inc. acquired a new position in iShares Gold Trust during the fourth quarter worth about $40,000. Finally, Valued Wealth Advisors LLC lifted its holdings in shares of iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 333 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
IAU opened at $54.46 on Tuesday. The company’s 50 day moving average is $51.28 and its 200-day moving average is $49.86. iShares Gold Trust has a 1-year low of $37.76 and a 1-year high of $55.29.
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.
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