8,189 Shares in iShares Gold Trust $IAU Acquired by FSM Wealth Advisors LLC

FSM Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 8,189 shares of the exchange traded fund’s stock, valued at approximately $596,000.

A number of other institutional investors also recently bought and sold shares of IAU. Bay Harbor Wealth Management LLC lifted its position in iShares Gold Trust by 63.6% during the third quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock worth $4,041,000 after buying an additional 21,596 shares during the period. Bryn Mawr Trust Advisors LLC increased its stake in shares of iShares Gold Trust by 79.9% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock valued at $3,237,000 after acquiring an additional 23,054 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of iShares Gold Trust by 24.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 126,633 shares of the exchange traded fund’s stock worth $9,215,000 after acquiring an additional 25,146 shares during the period. Americana Partners LLC lifted its holdings in shares of iShares Gold Trust by 9.0% during the 2nd quarter. Americana Partners LLC now owns 26,166 shares of the exchange traded fund’s stock worth $1,632,000 after acquiring an additional 2,158 shares during the period. Finally, Stokes Family Office LLC boosted its position in shares of iShares Gold Trust by 2.7% in the second quarter. Stokes Family Office LLC now owns 93,539 shares of the exchange traded fund’s stock worth $5,833,000 after acquiring an additional 2,491 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $85.34 on Friday. The firm has a market capitalization of $70.33 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a one year low of $49.00 and a one year high of $85.69. The company has a 50 day moving average price of $78.66 and a 200 day moving average price of $70.72.

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).

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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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