iShares Gold Trust $IAU Shares Bought by Center For Asset Management LLC

Center For Asset Management LLC raised its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 275.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,345 shares of the exchange traded fund’s stock after acquiring an additional 12,729 shares during the quarter. Center For Asset Management LLC’s holdings in iShares Gold Trust were worth $1,408,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in IAU. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth $25,000. Mountain Hill Investment Partners Corp. acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth $29,000. Fourth Dimension Wealth LLC raised its stake in shares of iShares Gold Trust by 436.3% during the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 349 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth $31,000. Finally, SOA Wealth Advisors LLC. raised its stake in shares of iShares Gold Trust by 230.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 322 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.0%

NYSEARCA:IAU opened at $88.46 on Wednesday. The company has a market capitalization of $75.31 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52-week low of $56.11 and a 52-week high of $104.40. The stock has a fifty day simple moving average of $92.73 and a 200-day simple moving average of $84.27.

iShares Gold Trust News Summary

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).

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)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.