NorthRock Partners LLC Boosts Stake in iShares Gold Trust $IAU

NorthRock Partners LLC grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 2,241.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 95,995 shares of the exchange traded fund’s stock after acquiring an additional 91,895 shares during the period. NorthRock Partners LLC’s holdings in iShares Gold Trust were worth $6,986,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. MTM Investment Management LLC purchased a new position in iShares Gold Trust in the second quarter valued at about $25,000. Abich Financial Wealth Management LLC acquired a new stake in iShares Gold Trust during the 3rd quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. purchased a new stake in iShares Gold Trust during the 3rd quarter worth approximately $29,000. Traub Capital Management LLC purchased a new stake in iShares Gold Trust during the 2nd quarter worth approximately $31,000. Finally, Fourth Dimension Wealth LLC raised its position in shares of iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 349 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 1.3%

iShares Gold Trust stock opened at $94.38 on Friday. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40. The stock has a market cap of $79.69 billion, a P/E ratio of 5.53 and a beta of 0.09. The stock has a 50 day moving average of $93.05 and a 200-day moving average of $81.68.

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

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