Aptus Capital Advisors LLC Buys Shares of 4,650 iShares Gold Trust (NYSEARCA:IAU)

Aptus Capital Advisors LLC bought a new position in iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,650 shares of the exchange traded fund’s stock, valued at approximately $230,000.

A number of other institutional investors and hedge funds have also modified their holdings of IAU. Quadrant Private Wealth Management LLC grew its stake in iShares Gold Trust by 2.3% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock valued at $426,000 after acquiring an additional 195 shares during the period. TPG Advisors LLC lifted its stake in iShares Gold Trust by 0.7% in the fourth quarter. TPG Advisors LLC now owns 28,025 shares of the exchange traded fund’s stock valued at $1,388,000 after buying an additional 199 shares in the last quarter. Betterment LLC boosted its holdings in shares of iShares Gold Trust by 1.8% in the fourth quarter. Betterment LLC now owns 11,021 shares of the exchange traded fund’s stock valued at $546,000 after buying an additional 199 shares during the period. Nomura Asset Management Co. Ltd. increased its position in shares of iShares Gold Trust by 0.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 53,600 shares of the exchange traded fund’s stock worth $2,654,000 after acquiring an additional 200 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. raised its holdings in shares of iShares Gold Trust by 1.2% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 212 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.7 %

Shares of NYSEARCA IAU opened at $62.77 on Friday. The company has a fifty day moving average price of $59.30 and a 200 day moving average price of $54.15. iShares Gold Trust has a 1-year low of $43.24 and a 1-year high of $64.98. The firm has a market cap of $46.11 billion, a PE ratio of -37.96 and a beta of 0.17.

iShares Gold Trust Company Profile

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.