iShares Gold Trust (NYSEARCA:IAU) Shares Bought by NTV Asset Management LLC

NTV Asset Management LLC grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 190,073 shares of the exchange traded fund’s stock after buying an additional 16,173 shares during the period. iShares Gold Trust accounts for about 1.2% of NTV Asset Management LLC’s investment portfolio, making the stock its 16th biggest holding. NTV Asset Management LLC’s holdings in iShares Gold Trust were worth $7,419,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Redhawk Wealth Advisors Inc. increased its stake in iShares Gold Trust by 2.4% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock valued at $445,000 after buying an additional 262 shares during the period. Ieq Capital LLC boosted its holdings in shares of iShares Gold Trust by 0.7% in the third quarter. Ieq Capital LLC now owns 41,123 shares of the exchange traded fund’s stock valued at $1,439,000 after acquiring an additional 266 shares in the last quarter. Asset Dedication LLC increased its stake in shares of iShares Gold Trust by 2.5% during the third quarter. Asset Dedication LLC now owns 11,334 shares of the exchange traded fund’s stock valued at $396,000 after acquiring an additional 278 shares during the period. Geneos Wealth Management Inc. raised its holdings in iShares Gold Trust by 10.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock worth $119,000 after purchasing an additional 282 shares in the last quarter. Finally, First Financial Corp IN lifted its position in iShares Gold Trust by 19.9% in the fourth quarter. First Financial Corp IN now owns 1,715 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 285 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA IAU traded down $0.03 on Friday, reaching $43.52. 10,297,347 shares of the stock traded hands, compared to its average volume of 10,135,161. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $45.98. The firm’s fifty day simple moving average is $42.22 and its 200 day simple moving average is $39.52.

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.