Forefront Wealth Partners LLC Takes $1.18 Million Position in iShares Gold Trust $IAU

Forefront Wealth Partners LLC acquired a new stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 16,201 shares of the exchange traded fund’s stock, valued at approximately $1,179,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IAU. Ehrlich Financial Group lifted its holdings in shares of iShares Gold Trust by 15.3% during the third quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock worth $3,266,000 after purchasing an additional 5,943 shares during the period. Bay Harbor Wealth Management LLC raised its position in iShares Gold Trust by 63.6% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock worth $4,041,000 after purchasing an additional 21,596 shares during the last quarter. Bryn Mawr Trust Advisors LLC lifted its holdings in iShares Gold Trust by 79.9% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock worth $3,237,000 after buying an additional 23,054 shares during the period. Farther Finance Advisors LLC lifted its holdings in iShares Gold Trust by 24.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 126,633 shares of the exchange traded fund’s stock worth $9,215,000 after buying an additional 25,146 shares during the period. Finally, Americana Partners LLC grew its position in shares of iShares Gold Trust by 9.0% in the 2nd quarter. Americana Partners LLC now owns 26,166 shares of the exchange traded fund’s stock valued at $1,632,000 after buying an additional 2,158 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Trading Up 0.1%

Shares of IAU stock opened at $81.71 on Wednesday. iShares Gold Trust has a 1-year low of $49.30 and a 1-year high of $85.68. The stock has a market cap of $67.34 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The stock has a 50-day moving average of $78.73 and a 200-day moving average of $71.01.

iShares Gold Trust Company Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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