Cetera Advisors LLC Purchases 44,830 Shares of iShares Gold Trust (NYSEARCA:IAU)

Cetera Advisors LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 34.5% during the 1st quarter, HoldingsChannel reports. The fund owned 174,901 shares of the exchange traded fund’s stock after buying an additional 44,830 shares during the quarter. Cetera Advisors LLC’s holdings in iShares Gold Trust were worth $7,348,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Financial Sense Advisors Inc. increased its position in shares of iShares Gold Trust by 0.4% in the first quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after acquiring an additional 230 shares during the last quarter. Pettinga Financial Advisors LLC boosted its holdings in shares of iShares Gold Trust by 2.5% in the 1st quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after buying an additional 245 shares during the last quarter. Spire Wealth Management increased its holdings in iShares Gold Trust by 1.2% during the first quarter. Spire Wealth Management now owns 21,289 shares of the exchange traded fund’s stock worth $894,000 after buying an additional 257 shares during the last quarter. EP Wealth Advisors LLC raised its position in iShares Gold Trust by 1.4% during the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after acquiring an additional 262 shares in the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co lifted its stake in iShares Gold Trust by 2.0% in the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,853 shares of the exchange traded fund’s stock valued at $541,000 after acquiring an additional 277 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.2 %

Shares of IAU stock traded down $0.09 on Friday, reaching $46.05. The stock had a trading volume of 12,300,132 shares, compared to its average volume of 4,303,228. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $46.93. The firm’s 50-day moving average is $44.67 and its two-hundred day moving average is $42.59.

iShares Gold Trust Company 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.