Fisher Asset Management LLC Boosts Stock Position in iShares Gold Trust $IAU

Fisher Asset Management LLC boosted its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 188.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,274 shares of the exchange traded fund’s stock after acquiring an additional 6,717 shares during the period. Fisher Asset Management LLC’s holdings in iShares Gold Trust were worth $834,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of IAU. MA Private Wealth increased its holdings 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 acquiring an additional 14,705 shares during the last quarter. CM Wealth Advisors LLC purchased a new position in iShares Gold Trust in the third quarter worth about $1,531,000. WESCAP Management Group Inc. lifted its stake in shares of iShares Gold Trust by 7.0% in the 3rd quarter. WESCAP Management Group Inc. now owns 449,859 shares of the exchange traded fund’s stock valued at $32,726,000 after purchasing an additional 29,553 shares during the last quarter. Hudson Oak Wealth Advisory LLC bought a new stake in shares of iShares Gold Trust in the 4th quarter worth about $1,725,000. Finally, Allianz SE lifted its stake in iShares Gold Trust by 2.8% in the third quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock worth $86,351,000 after purchasing an additional 32,341 shares during the last quarter. Hedge funds and other 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 Stock Performance

Shares of NYSEARCA IAU opened at $85.49 on Friday. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40. The company has a market cap of $72.78 billion, a price-to-earnings ratio of 5.53 and a beta of 0.16. The business’s 50 day moving average price is $87.13 and its 200-day moving average price is $87.32.

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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