Carnegie Capital Asset Management LLC Has $1.24 Million Position in iShares Gold Trust (NYSEARCA:IAU)

Carnegie Capital Asset Management LLC increased its position in iShares Gold Trust (NYSEARCA:IAUGet Rating) by 12.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,540 shares of the exchange traded fund’s stock after buying an additional 3,665 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in iShares Gold Trust were worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the company. MFA Wealth Advisors LLC acquired a new stake in iShares Gold Trust during the 3rd quarter valued at approximately $130,000. United Capital Financial Advisers LLC increased its position in iShares Gold Trust by 13.3% during the 3rd quarter. United Capital Financial Advisers LLC now owns 71,043 shares of the exchange traded fund’s stock valued at $2,374,000 after purchasing an additional 8,355 shares during the period. Toroso Investments LLC acquired a new stake in iShares Gold Trust during the 3rd quarter valued at approximately $545,000. FinTrust Capital Advisors LLC increased its position in iShares Gold Trust by 184.9% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 2,513 shares of the exchange traded fund’s stock valued at $84,000 after purchasing an additional 1,631 shares during the period. Finally, Atria Investments LLC increased its position in iShares Gold Trust by 20.0% during the 3rd quarter. Atria Investments LLC now owns 94,151 shares of the exchange traded fund’s stock valued at $3,146,000 after purchasing an additional 15,681 shares during the period. 53.09% of the stock is owned by institutional investors.

NYSEARCA:IAU opened at $34.92 on Thursday. The company has a 50 day simple moving average of $35.47 and a two-hundred day simple moving average of $35.49. iShares Gold Trust has a fifty-two week low of $32.70 and a fifty-two week high of $39.36.

iShares Gold Trust Company Profile (Get Rating)

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.

Further Reading

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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