BKA Wealth Consulting Inc. Buys 13,399 Shares of iShares Gold Trust (NYSEARCA:IAU)

BKA Wealth Consulting Inc. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 92.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,925 shares of the exchange traded fund’s stock after purchasing an additional 13,399 shares during the quarter. BKA Wealth Consulting Inc.’s holdings in iShares Gold Trust were worth $1,063,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Financial Freedom LLC bought a new position in iShares Gold Trust in the 4th quarter worth about $30,000. Barrett & Company Inc. bought a new position in iShares Gold Trust in the 1st quarter worth about $37,000. SJS Investment Consulting Inc. increased its stake in iShares Gold Trust by 42.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,012 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 300 shares during the last quarter. Salem Investment Counselors Inc. increased its stake in iShares Gold Trust by 191.8% in the 2nd quarter. Salem Investment Counselors Inc. now owns 1,103 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 725 shares during the last quarter. Finally, New Hampshire Trust bought a new position in iShares Gold Trust in the 4th quarter worth about $47,000. 58.45% of the stock is currently owned by institutional investors.

iShares Gold Trust Price Performance

Shares of IAU traded down $0.04 during midday trading on Wednesday, reaching $36.19. The stock had a trading volume of 2,322,720 shares, compared to its average volume of 4,834,658. The company’s 50-day moving average is $36.60 and its 200 day moving average is $36.93. iShares Gold Trust has a 12-month low of $30.69 and a 12-month high of $39.04.

About iShares Gold Trust

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.