One Wealth Capital Management LLC Acquires Shares of 12,397 iShares Gold Trust (NYSEARCA:IAU)

One Wealth Capital Management LLC bought a new position in iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 12,397 shares of the exchange traded fund’s stock, valued at approximately $614,000.

Other institutional investors have also modified their holdings of the company. TCP Asset Management LLC increased its stake 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 during the last quarter. Baker Avenue Asset Management LP grew its holdings in iShares Gold Trust by 2.9% during the third 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 during the period. Howard Financial Services LTD. increased its position in iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after buying an additional 220 shares during the last quarter. Avaii Wealth Management LLC raised its stake in iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after buying an additional 249 shares during the period. Finally, FFG Partners LLC lifted its position in shares of iShares Gold Trust by 0.9% in the third quarter. FFG Partners LLC now owns 29,300 shares of the exchange traded fund’s stock valued at $1,456,000 after buying an additional 267 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.5 %

Shares of IAU stock traded up $0.24 during trading on Tuesday, reaching $49.98. 4,704,919 shares of the company’s stock were exchanged, compared to its average volume of 3,805,431. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69. The firm’s fifty day moving average price is $50.04 and its 200-day moving average price is $48.35.

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.