iShares Gold Trust $IAU Position Increased by MCF Advisors LLC

MCF Advisors LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 2,201.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,045 shares of the exchange traded fund’s stock after purchasing an additional 19,174 shares during the period. MCF Advisors LLC’s holdings in iShares Gold Trust were worth $1,627,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. MA Private Wealth boosted its holdings in shares of iShares Gold Trust by 10.3% in the 3rd quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock worth $11,480,000 after buying an additional 14,705 shares during the last quarter. WESCAP Management Group Inc. lifted its holdings in iShares Gold Trust by 7.0% during the third quarter. WESCAP Management Group Inc. now owns 449,859 shares of the exchange traded fund’s stock valued at $32,726,000 after purchasing an additional 29,553 shares during the last quarter. Hudson Oak Wealth Advisory LLC purchased a new stake in iShares Gold Trust during the fourth quarter valued at about $1,725,000. Allianz SE lifted its holdings in iShares Gold Trust by 2.8% during the third quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock valued at $86,351,000 after purchasing an additional 32,341 shares during the last quarter. Finally, Advisory Services Network LLC lifted its holdings in iShares Gold Trust by 20.3% during the third quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock valued at $15,081,000 after purchasing an additional 35,018 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 3.6%

NYSEARCA IAU opened at $81.22 on Friday. The company has a market cap of $69.15 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40. The firm’s 50-day simple moving average is $87.03 and its two-hundred day simple moving average is $87.51.

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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).

See Also

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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