iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Centurion Wealth Management LLC

Centurion Wealth Management LLC increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 96.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,486 shares of the exchange traded fund’s stock after purchasing an additional 9,061 shares during the quarter. Centurion Wealth Management LLC’s holdings in iShares Gold Trust were worth $915,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Proficio Capital Partners LLC raised its holdings in iShares Gold Trust by 2,943.8% during the fourth quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock worth $3,244,648,000 after purchasing an additional 63,382,112 shares during the last quarter. Quadrature Capital Ltd acquired a new position in iShares Gold Trust during the third quarter worth $95,801,000. Truist Financial Corp raised its holdings in iShares Gold Trust by 56.8% during the fourth quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after purchasing an additional 1,507,442 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in iShares Gold Trust by 4,039.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,118,460 shares of the exchange traded fund’s stock worth $55,375,000 after purchasing an additional 1,091,440 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after acquiring an additional 981,362 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.0 %

NYSEARCA IAU opened at $56.29 on Friday. iShares Gold Trust has a fifty-two week low of $40.64 and a fifty-two week high of $56.53. The stock has a market cap of $40.33 billion, a price-to-earnings ratio of -34.13 and a beta of 0.20. The business has a fifty day moving average of $53.40 and a 200-day moving average of $51.03.

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.