Foguth Wealth Management LLC. Makes New Investment in iShares Gold Trust $IAU

Foguth Wealth Management LLC. purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,291 shares of the exchange traded fund’s stock, valued at approximately $1,247,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC acquired a new position in iShares Gold Trust in the 4th quarter valued at about $1,864,000. Bison Wealth LLC grew its position in iShares Gold Trust by 78.5% in the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 7,379 shares during the period. AQR Capital Management LLC grew its position in iShares Gold Trust by 47.0% in the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after acquiring an additional 8,609 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in iShares Gold Trust by 107.2% during the second quarter. Nomura Asset Management Co. Ltd. now owns 173,675 shares of the exchange traded fund’s stock worth $10,830,000 after acquiring an additional 89,875 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC purchased a new stake in iShares Gold Trust in the second quarter valued at $210,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 4.1%

Shares of iShares Gold Trust stock opened at $87.37 on Friday. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40. The business’s fifty day simple moving average is $93.66 and its 200-day simple moving average is $82.44. The firm has a market cap of $73.77 billion, a PE ratio of 5.53 and a beta of 0.09.

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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).

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

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