Howard Financial Services LTD. Purchases 220 Shares of iShares Gold Trust (NYSEARCA:IAU)

Howard Financial Services LTD. increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,774 shares of the exchange traded fund’s stock after purchasing an additional 220 shares during the period. Howard Financial Services LTD.’s holdings in iShares Gold Trust were worth $386,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Financial Sense Advisors Inc. raised its position in shares of iShares Gold Trust by 0.4% during the first quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after buying an additional 230 shares during the last quarter. Pettinga Financial Advisors LLC increased its holdings in iShares Gold Trust by 2.5% in the 1st quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after acquiring an additional 245 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in iShares Gold Trust by 1.4% in the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after purchasing an additional 262 shares in the last quarter. Aspect Partners LLC boosted its holdings in shares of iShares Gold Trust by 0.5% during the 2nd quarter. Aspect Partners LLC now owns 54,818 shares of the exchange traded fund’s stock valued at $2,408,000 after purchasing an additional 292 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its holdings in shares of iShares Gold Trust by 0.9% in the first quarter. Ashton Thomas Private Wealth LLC now owns 31,759 shares of the exchange traded fund’s stock worth $1,334,000 after purchasing an additional 293 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $49.45 on Wednesday. The firm has a fifty day simple moving average of $47.87 and a two-hundred day simple moving average of $45.55. iShares Gold Trust has a 52 week low of $35.09 and a 52 week high of $50.57.

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.