M Holdings Securities Inc. Invests $1.77 Million in iShares Gold Trust $IAU

M Holdings Securities Inc. bought a new stake in iShares Gold Trust (NYSEARCA:IAUFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 24,352 shares of the exchange traded fund’s stock, valued at approximately $1,772,000.

A number of other large investors have also recently made changes to their positions in IAU. MTM Investment Management LLC acquired a new position in iShares Gold Trust during the second quarter worth approximately $25,000. Abich Financial Wealth Management LLC purchased a new stake in iShares Gold Trust in the third quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $29,000. Traub Capital Management LLC acquired a new stake in shares of iShares Gold Trust in the second quarter valued at approximately $31,000. Finally, Fourth Dimension Wealth LLC grew its position in shares of iShares Gold Trust by 436.3% during the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 349 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $94.38 on Friday. The firm’s fifty day simple moving average is $93.05 and its 200-day simple moving average is $81.68. The stock has a market capitalization of $79.69 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $55.78 and a 12 month high of $104.40.

Key Stories Impacting iShares Gold Trust

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Company 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).

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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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