iShares Gold Trust $IAU Stock Position Raised by Endeavor Private Wealth Inc.

Endeavor Private Wealth Inc. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 34.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,839 shares of the exchange traded fund’s stock after acquiring an additional 10,194 shares during the quarter. Endeavor Private Wealth Inc.’s holdings in iShares Gold Trust were worth $3,234,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Gold Trust in the third quarter valued at $25,000. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares Gold Trust in the fourth quarter valued at $25,000. Gables Capital Management Inc. lifted its holdings in shares of iShares Gold Trust by 173.1% in the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 225 shares in the last quarter. Dakota Community Bank & Trust NA purchased a new stake in shares of iShares Gold Trust in the fourth quarter valued at $30,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares Gold Trust in the third quarter valued at $31,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

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iShares Gold Trust Price Performance

IAU opened at $81.22 on Monday. The stock has a fifty day moving average of $87.03 and a 200-day moving average of $87.59. The firm has a market capitalization of $69.15 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12-month low of $61.37 and a 12-month high of $104.40.

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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