Walser Wealth Management Company A Ltd Liability Co Takes $536,000 Position in iShares Gold Trust $IAU

Walser Wealth Management Company A Ltd Liability Co purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,599 shares of the exchange traded fund’s stock, valued at approximately $536,000.

Other institutional investors have also recently made changes to their positions in the company. Blue Capital Inc. acquired a new position in iShares Gold Trust in the fourth quarter valued at approximately $299,000. SB Capital Management Inc purchased a new position in iShares Gold Trust in the fourth quarter worth approximately $562,000. Catalyst Investment Management LLC acquired a new stake in iShares Gold Trust during the fourth quarter worth $3,104,000. White Knight Strategic Wealth Advisors LLC increased its stake in iShares Gold Trust by 45.2% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 8,769 shares of the exchange traded fund’s stock worth $712,000 after acquiring an additional 2,730 shares during the last quarter. Finally, Hamilton Wealth LLC increased its stake in iShares Gold Trust by 1.2% during the fourth quarter. Hamilton Wealth LLC now owns 274,064 shares of the exchange traded fund’s stock worth $22,246,000 after acquiring an additional 3,359 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Summary

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

iShares Gold Trust Stock Down 0.4%

NYSEARCA:IAU opened at $79.33 on Friday. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40. The company has a market capitalization of $67.54 billion, a P/E ratio of 5.53 and a beta of 0.15. The stock’s fifty day moving average is $85.76 and its two-hundred day moving average is $87.73.

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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