iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 21.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 71,320 shares of the exchange traded fund’s stock after purchasing an additional 12,732 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $3,531,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of IAU. Quadrature Capital Ltd acquired a new stake in iShares Gold Trust during the third quarter worth about $95,801,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of iShares Gold Trust by 6,538.7% during the 4th quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock worth $33,808,000 after purchasing an additional 672,568 shares during the period. Kovitz Investment Group Partners LLC lifted its holdings in shares of iShares Gold Trust by 10,279.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock worth $33,128,000 after purchasing an additional 666,330 shares during the last quarter. Finally, Brave Asset Management Inc. acquired a new position in iShares Gold Trust during the 3rd quarter valued at approximately $26,169,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of IAU opened at $54.02 on Thursday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $54.40. The stock has a fifty day moving average price of $50.54 and a 200 day moving average price of $49.34.

iShares Gold Trust 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.