Cambridge Investment Research Advisors Inc. Buys 45,062 Shares of iShares Gold Trust (NYSEARCA:IAU)

Cambridge Investment Research Advisors Inc. lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,043,325 shares of the exchange traded fund’s stock after purchasing an additional 45,062 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.16% of iShares Gold Trust worth $40,721,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in iShares Gold Trust by 226.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,060,223 shares of the exchange traded fund’s stock worth $236,531,000 after acquiring an additional 4,200,989 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Gold Trust by 58.9% during the third quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock valued at $360,189,000 after buying an additional 3,815,686 shares during the last quarter. First Command Advisory Services Inc. purchased a new stake in shares of iShares Gold Trust during the third quarter valued at about $50,473,000. Axxcess Wealth Management LLC lifted its position in shares of iShares Gold Trust by 585.5% during the third quarter. Axxcess Wealth Management LLC now owns 1,107,742 shares of the exchange traded fund’s stock valued at $38,760,000 after buying an additional 946,138 shares during the last quarter. Finally, Chevy Chase Trust Holdings LLC raised its position in shares of iShares Gold Trust by 57.8% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 1,695,861 shares of the exchange traded fund’s stock valued at $66,189,000 after purchasing an additional 621,382 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock traded up $0.10 during midday trading on Friday, hitting $44.17. The company had a trading volume of 2,826,654 shares, compared to its average volume of 6,834,762. The company has a fifty day simple moving average of $43.62 and a 200 day simple moving average of $40.27. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $46.08.

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.