Patton Albertson Miller Group LLC Purchases Shares of 33,154 iShares Gold Trust $IAU

Patton Albertson Miller Group LLC purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 33,154 shares of the exchange traded fund’s stock, valued at approximately $2,691,000.

Other institutional investors have also recently bought and sold shares of the company. First Horizon Corp bought a new position in shares of iShares Gold Trust in the third quarter valued at approximately $1,863,000. Strategic Blueprint LLC increased its holdings in iShares Gold Trust by 30.2% during the 3rd quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock worth $9,964,000 after acquiring an additional 31,746 shares during the period. MA Private Wealth lifted its stake in iShares Gold Trust by 10.3% in the 3rd quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock worth $11,480,000 after purchasing an additional 14,705 shares in the last quarter. Copperleaf Capital LLC lifted its stake in iShares Gold Trust by 363.2% in the 3rd quarter. Copperleaf Capital LLC now owns 47,867 shares of the exchange traded fund’s stock worth $3,483,000 after purchasing an additional 37,533 shares in the last quarter. Finally, Acorn Financial Advisory Services Inc. ADV boosted its holdings in iShares Gold Trust by 18.9% in the 3rd quarter. Acorn Financial Advisory Services Inc. ADV now owns 450,443 shares of the exchange traded fund’s stock valued at $32,779,000 after purchasing an additional 71,599 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU opened at $88.30 on Thursday. The firm has a market capitalization of $75.17 billion, a P/E ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a one year low of $59.71 and a one year high of $104.40. The company has a fifty day moving average price of $90.58 and a 200-day moving average price of $86.22.

Key Headlines Impacting iShares Gold Trust

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About iShares Gold Trust

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

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

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