iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Highline Wealth Partners LLC

Highline Wealth Partners LLC raised its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 34,952 shares of the exchange traded fund’s stock after buying an additional 1,196 shares during the period. Highline Wealth Partners LLC’s holdings in iShares Gold Trust were worth $1,730,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Archer Investment Corp boosted its stake in shares of iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 635 shares in the last quarter. Global Trust Asset Management LLC lifted its position in shares of iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 500 shares during the last quarter. McIlrath & Eck LLC lifted its holdings in iShares Gold Trust by 34.3% during the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 341 shares during the last quarter. Finally, Zions Bancorporation N.A. boosted its position in shares of iShares Gold Trust by 32.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock worth $63,000 after acquiring an additional 357 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

iShares Gold Trust stock traded up $0.45 during mid-day trading on Friday, hitting $50.74. The company had a trading volume of 5,241,222 shares, compared to its average volume of 4,411,992. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69. The business has a fifty day moving average of $49.92 and a 200 day moving average of $48.41.

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.