Upper Left Wealth Management LLC Has $11.39 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Upper Left Wealth Management LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 230,061 shares of the exchange traded fund’s stock after purchasing an additional 1,680 shares during the period. iShares Gold Trust accounts for 9.7% of Upper Left Wealth Management LLC’s portfolio, making the stock its biggest position. Upper Left Wealth Management LLC’s holdings in iShares Gold Trust were worth $11,390,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. TCP Asset Management LLC increased its holdings in iShares Gold Trust by 3.0% during the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 195 shares during the last quarter. Baker Avenue Asset Management LP increased its position in iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after buying an additional 215 shares during the last quarter. SeaCrest Wealth Management LLC lifted its position in shares of iShares Gold Trust by 2.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 215 shares during the last quarter. Howard Financial Services LTD. boosted its stake in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 220 shares during the period. Finally, Avaii Wealth Management LLC increased its holdings in shares of iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 249 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.5 %

Shares of IAU stock opened at $52.76 on Friday. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.81. The company has a 50-day simple moving average of $50.31 and a 200 day simple moving average of $49.12.

About iShares Gold Trust

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.