Bigelow Investment Advisors LLC Raises Position in iShares Gold Trust (NYSEARCA:IAU)

Bigelow Investment Advisors LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,751 shares of the exchange traded fund’s stock after acquiring an additional 3,555 shares during the quarter. iShares Gold Trust comprises approximately 1.7% of Bigelow Investment Advisors LLC’s portfolio, making the stock its 10th biggest holding. Bigelow Investment Advisors LLC’s holdings in iShares Gold Trust were worth $3,230,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Western Wealth Management LLC grew its position in shares of iShares Gold Trust by 49.6% during the 4th quarter. Western Wealth Management LLC now owns 23,921 shares of the exchange traded fund’s stock valued at $934,000 after purchasing an additional 7,930 shares in the last quarter. Guidance Capital Inc. grew its position in shares of iShares Gold Trust by 0.7% during the 4th quarter. Guidance Capital Inc. now owns 46,384 shares of the exchange traded fund’s stock valued at $1,806,000 after purchasing an additional 309 shares in the last quarter. TRUE Private Wealth Advisors grew its position in iShares Gold Trust by 1.6% in the fourth quarter. TRUE Private Wealth Advisors now owns 40,068 shares of the exchange traded fund’s stock worth $1,564,000 after acquiring an additional 641 shares in the last quarter. Macroview Investment Management LLC grew its position in iShares Gold Trust by 4.9% in the fourth quarter. Macroview Investment Management LLC now owns 25,287 shares of the exchange traded fund’s stock worth $987,000 after acquiring an additional 1,184 shares in the last quarter. Finally, Investment Advisory Group LLC purchased a new position in iShares Gold Trust in the fourth quarter worth $203,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.3 %

NYSEARCA:IAU traded up $0.14 during midday trading on Friday, hitting $45.14. The company had a trading volume of 7,872,464 shares, compared to its average volume of 6,818,628. iShares Gold Trust has a 52-week low of $34.35 and a 52-week high of $45.98. The stock’s fifty day moving average price is $41.04 and its 200-day moving average price is $38.90.

iShares Gold Trust Profile

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.