Advisory Services Network LLC Acquires 35,018 Shares of iShares Gold Trust $IAU

Advisory Services Network LLC increased its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 20.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 207,238 shares of the exchange traded fund’s stock after acquiring an additional 35,018 shares during the period. Advisory Services Network LLC’s holdings in iShares Gold Trust were worth $15,081,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IAU. Ehrlich Financial Group raised its holdings in shares of 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 purchasing an additional 5,943 shares during the last quarter. Bay Harbor Wealth Management LLC boosted its holdings in iShares Gold Trust by 63.6% during the third 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. First Horizon Corp bought a new stake in iShares Gold Trust in the 3rd quarter worth about $1,863,000. Strategic Blueprint LLC grew its position in 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 worth $9,964,000 after purchasing an additional 31,746 shares in the last quarter. Finally, MA Private Wealth increased its stake in iShares Gold Trust by 10.3% in the 3rd quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock valued at $11,480,000 after buying an additional 14,705 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

Key iShares Gold Trust News

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

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $94.07 on Wednesday. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40. The firm has a 50-day moving average price of $93.45 and a two-hundred day moving average price of $82.34. The firm has a market cap of $79.43 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

iShares Gold Trust 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).

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

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