Advisory Services Network LLC Increases Position in iShares Gold Trust (NYSEARCA:IAU)

Advisory Services Network LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAUGet Rating) by 6.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 63,331 shares of the exchange traded fund’s stock after purchasing an additional 3,767 shares during the quarter. Advisory Services Network LLC’s holdings in iShares Gold Trust were worth $2,332,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Verity Asset Management Inc. grew its holdings in shares of iShares Gold Trust by 17.0% during the first quarter. Verity Asset Management Inc. now owns 47,128 shares of the exchange traded fund’s stock valued at $1,736,000 after buying an additional 6,840 shares during the last quarter. Neuberger Berman Group LLC grew its holdings in shares of iShares Gold Trust by 4.1% during the first quarter. Neuberger Berman Group LLC now owns 1,068,251 shares of the exchange traded fund’s stock valued at $39,376,000 after buying an additional 41,779 shares during the last quarter. Van Hulzen Asset Management LLC grew its holdings in shares of iShares Gold Trust by 4.5% during the first quarter. Van Hulzen Asset Management LLC now owns 108,389 shares of the exchange traded fund’s stock valued at $3,992,000 after buying an additional 4,716 shares during the last quarter. Capital Group Private Client Services Inc. grew its holdings in shares of iShares Gold Trust by 12.6% during the first quarter. Capital Group Private Client Services Inc. now owns 301,269 shares of the exchange traded fund’s stock valued at $11,096,000 after buying an additional 33,830 shares during the last quarter. Finally, Magnolia Wealth Management LLC purchased a new stake in shares of iShares Gold Trust during the first quarter valued at approximately $1,160,000. Hedge funds and other institutional investors own 59.24% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock opened at $31.75 on Friday. The company’s 50 day moving average is $32.97 and its 200 day moving average is $34.82. iShares Gold Trust has a twelve month low of $31.45 and a twelve month high of $39.36.

iShares Gold Trust Profile

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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.

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

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