Anderson Hoagland & Co. Acquires 5,783 Shares of iShares Gold Trust $IAU

Anderson Hoagland & Co. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 0.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 817,382 shares of the exchange traded fund’s stock after acquiring an additional 5,783 shares during the period. iShares Gold Trust accounts for about 5.7% of Anderson Hoagland & Co.’s portfolio, making the stock its biggest position. Anderson Hoagland & Co.’s holdings in iShares Gold Trust were worth $66,347,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. CGN Advisors LLC lifted its position in iShares Gold Trust by 7.3% in the fourth quarter. CGN Advisors LLC now owns 7,037 shares of the exchange traded fund’s stock worth $571,000 after purchasing an additional 476 shares during the period. City Center Advisors LLC boosted its stake in iShares Gold Trust by 16.2% during the 4th quarter. City Center Advisors LLC now owns 6,208 shares of the exchange traded fund’s stock valued at $504,000 after purchasing an additional 864 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new position in shares of iShares Gold Trust during the 4th quarter valued at $542,000. Foguth Wealth Management LLC. acquired a new position in shares of iShares Gold Trust during the 4th quarter valued at $1,247,000. Finally, GAMMA Investing LLC raised its stake in shares of iShares Gold Trust by 18.5% in the 4th quarter. GAMMA Investing LLC now owns 2,021 shares of the exchange traded fund’s stock worth $164,000 after buying an additional 316 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 4.1%

Shares of iShares Gold Trust stock opened at $87.37 on Friday. The firm has a market cap of $73.77 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The business has a fifty day simple moving average of $93.66 and a 200-day simple moving average of $82.44. iShares Gold Trust has a fifty-two week low of $55.78 and a fifty-two week high of $104.40.

Key iShares Gold Trust News

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

About iShares Gold Trust

(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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