Beckerman Institutional LLC grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 29.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,030 shares of the exchange traded fund’s stock after purchasing an additional 2,034 shares during the period. Beckerman Institutional LLC’s holdings in iShares Gold Trust were worth $447,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. TCP Asset Management LLC grew its holdings in shares of iShares Gold Trust by 3.0% during the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after purchasing an additional 195 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its holdings in shares of iShares Gold Trust by 1.2% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after purchasing an additional 212 shares in the last quarter. Baker Avenue Asset Management LP grew its holdings in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 215 shares in the last quarter. SeaCrest Wealth Management LLC grew its holdings in shares of iShares Gold Trust by 2.7% during the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 215 shares in the last quarter. Finally, Avaii Wealth Management LLC grew its holdings in shares of iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after purchasing an additional 249 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Price Performance
Shares of NYSEARCA:IAU opened at $54.75 on Thursday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $54.94. The business’s 50 day moving average is $50.98 and its 200-day moving average is $49.66.
About iShares Gold Trust
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.
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