iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 12.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 204,465 shares of the exchange traded fund’s stock after purchasing an additional 22,492 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Gold Trust were worth $8,982,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. CIBC Private Wealth Group LLC boosted its position in shares of iShares Gold Trust by 7.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,000,500 shares of the exchange traded fund’s stock worth $78,080,000 after buying an additional 144,014 shares during the period. Fairview Capital Investment Management LLC boosted its holdings in iShares Gold Trust by 0.4% in the 4th quarter. Fairview Capital Investment Management LLC now owns 134,034 shares of the exchange traded fund’s stock worth $5,231,000 after acquiring an additional 555 shares during the period. Trademark Financial Management LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at approximately $1,472,000. Azimuth Capital Investment Management LLC raised its stake in shares of iShares Gold Trust by 25.4% during the fourth quarter. Azimuth Capital Investment Management LLC now owns 14,793 shares of the exchange traded fund’s stock valued at $577,000 after purchasing an additional 3,000 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd raised its stake in shares of iShares Gold Trust by 55.2% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 59,583 shares of the exchange traded fund’s stock valued at $2,326,000 after purchasing an additional 21,190 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $49.70 on Tuesday. The firm has a fifty day simple moving average of $47.28 and a 200-day simple moving average of $45.17. iShares Gold Trust has a twelve month low of $34.35 and a twelve month high of $50.57.

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.