AE Wealth Management LLC Purchases 22,898 Shares of iShares Gold Trust $IAU

AE Wealth Management LLC raised its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 45.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,777 shares of the exchange traded fund’s stock after purchasing an additional 22,898 shares during the period. AE Wealth Management LLC’s holdings in iShares Gold Trust were worth $5,296,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IAU. Ehrlich Financial Group lifted its stake in iShares Gold Trust by 15.3% in the third quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock valued at $3,266,000 after buying an additional 5,943 shares in the last quarter. Bay Harbor Wealth Management LLC lifted its position in iShares Gold Trust by 63.6% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock valued at $4,041,000 after acquiring an additional 21,596 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its stake in iShares Gold Trust by 79.9% in 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 purchasing an additional 23,054 shares during the period. First Horizon Corp bought a new position in iShares Gold Trust during the 3rd quarter worth about $1,863,000. Finally, Strategic Blueprint LLC raised its stake in shares of iShares Gold Trust by 30.2% in the 3rd quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock valued at $9,964,000 after purchasing an additional 31,746 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

IAU stock opened at $91.20 on Friday. The stock has a market capitalization of $77.00 billion, a P/E ratio of 5.53 and a beta of 0.09. The business has a 50-day moving average of $84.38 and a 200-day moving average of $75.08. iShares Gold Trust has a fifty-two week low of $52.74 and a fifty-two week high of $104.40.

iShares Gold Trust News Summary

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

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).

See Also

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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