iShares Gold Trust (NYSEARCA:IAU) is CPA Asset Management LLC’s 6th Largest Position

CPA Asset Management LLC grew its holdings in iShares Gold Trust (NYSEARCA:IAU) by 6.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 259,837 shares of the exchange traded fund’s stock after purchasing an additional 16,684 shares during the quarter. iShares Gold Trust makes up 6.2% of CPA Asset Management LLC’s portfolio, making the stock its 6th biggest position. CPA Asset Management LLC’s holdings in iShares Gold Trust were worth $12,914,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Howard Financial Services LTD. increased its position in iShares Gold Trust by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 220 shares in the last quarter. Financial Sense Advisors Inc. grew its position in iShares Gold Trust by 0.4% during the 1st quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock worth $2,756,000 after purchasing an additional 230 shares during the last quarter. Pettinga Financial Advisors LLC increased its stake in iShares Gold Trust by 2.5% during the 1st quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after purchasing an additional 245 shares in the last quarter. Avaii Wealth Management LLC raised its holdings in shares of iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after buying an additional 249 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in shares of iShares Gold Trust by 1.4% during the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 262 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $51.92 on Wednesday. The stock’s fifty day moving average price is $48.80 and its 200 day moving average price is $46.12. iShares Gold Trust has a 1 year low of $36.57 and a 1 year high of $51.92.

iShares Gold Trust 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.