iShares Gold Trust (NYSEARCA:IAU) is Wealthgate Family Office LLC’s 8th Largest Position

Wealthgate Family Office LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 87.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,097 shares of the exchange traded fund’s stock after purchasing an additional 10,785 shares during the period. iShares Gold Trust makes up about 3.2% of Wealthgate Family Office LLC’s investment portfolio, making the stock its 8th largest holding. Wealthgate Family Office LLC’s holdings in iShares Gold Trust were worth $1,148,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. TCP Asset Management LLC raised its holdings 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 purchasing an additional 195 shares during the last quarter. Baker Avenue Asset Management LP raised its stake 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 buying an additional 215 shares during the last quarter. Howard Financial Services LTD. lifted its holdings 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 valued at $386,000 after buying an additional 220 shares during the period. Avaii Wealth Management LLC boosted its stake in shares of 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 last quarter. Finally, EP Wealth Advisors LLC grew its holdings in shares of iShares Gold Trust by 1.4% in the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after acquiring an additional 262 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.9 %

Shares of NYSEARCA:IAU opened at $49.74 on Wednesday. The firm’s 50 day moving average price is $50.12 and its 200-day moving average price is $46.98. iShares Gold Trust has a twelve month low of $37.21 and a twelve month high of $52.69.

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.