FFG Partners LLC Acquires 400 Shares of iShares Gold Trust (NYSEARCA:IAU)

FFG Partners LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 29,700 shares of the exchange traded fund’s stock after acquiring an additional 400 shares during the quarter. iShares Gold Trust makes up 0.5% of FFG Partners LLC’s investment portfolio, making the stock its 20th biggest holding. FFG Partners LLC’s holdings in iShares Gold Trust were worth $1,470,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. TCP Asset Management LLC raised its stake in shares of 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 valued at $332,000 after acquiring an additional 195 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in iShares Gold Trust by 1.2% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock valued at $850,000 after purchasing an additional 212 shares during the period. Baker Avenue Asset Management LP raised its position in iShares Gold Trust by 2.9% during the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after purchasing an additional 215 shares during the last quarter. SeaCrest Wealth Management LLC raised its position in iShares Gold Trust by 2.7% during the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 215 shares during the last quarter. Finally, Avaii Wealth Management LLC lifted its holdings in iShares Gold Trust by 1.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after buying an additional 249 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU opened at $53.89 on Friday. The stock’s 50 day moving average price is $50.63 and its 200-day moving average price is $49.38. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $54.40.

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.