Hoxton Planning & Management LLC Boosts Holdings in iShares Gold Trust $IAU

Hoxton Planning & Management LLC lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 61.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 23,422 shares of the exchange traded fund’s stock after buying an additional 8,959 shares during the period. Hoxton Planning & Management LLC’s holdings in iShares Gold Trust were worth $1,704,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. WESPAC Advisors LLC grew its holdings in shares of iShares Gold Trust by 4.6% during the 3rd quarter. WESPAC Advisors LLC now owns 26,874 shares of the exchange traded fund’s stock worth $1,956,000 after acquiring an additional 1,188 shares during the period. Mountain Hill Investment Partners Corp. purchased a new position in iShares Gold Trust during the third quarter valued at $29,000. GWN Securities Inc. increased its stake in shares of iShares Gold Trust by 25.4% in the 3rd quarter. GWN Securities Inc. now owns 8,013 shares of the exchange traded fund’s stock worth $586,000 after acquiring an additional 1,625 shares in the last quarter. Sage Private Wealth Group LLC increased its stake in shares of iShares Gold Trust by 6.4% in the 3rd quarter. Sage Private Wealth Group LLC now owns 182,284 shares of the exchange traded fund’s stock worth $13,265,000 after acquiring an additional 11,000 shares in the last quarter. Finally, Capital City Trust Co. FL purchased a new position in iShares Gold Trust during the 3rd quarter valued at about $204,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $86.36 on Wednesday. iShares Gold Trust has a one year low of $50.21 and a one year high of $87.38. The company’s 50-day simple moving average is $80.34 and its 200 day simple moving average is $72.47. The firm has a market capitalization of $72.52 billion, a P/E ratio of 5.53 and a beta of 0.09.

Key Stories Impacting iShares Gold Trust

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iShares Gold Trust Company Profile

(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).

See Also

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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