Lowe Wealth Advisors LLC Raises Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Lowe Wealth Advisors LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,404 shares of the exchange traded fund’s stock after purchasing an additional 328 shares during the period. iShares Gold Trust accounts for about 3.6% of Lowe Wealth Advisors LLC’s portfolio, making the stock its 8th biggest holding. Lowe Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $8,338,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in iShares Gold Trust by 15.8% in the second quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after purchasing an additional 479,796 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after buying an additional 981,362 shares during the last quarter. Independent Family Office LLC increased its stake in shares of iShares Gold Trust by 4.1% in the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after buying an additional 16,827 shares during the period. International Assets Investment Management LLC raised its position in shares of iShares Gold Trust by 4,843.7% during the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after acquiring an additional 229,303 shares during the last quarter. Finally, Silverleafe Capital Partners LLC lifted its stake in shares of iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after acquiring an additional 689 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

IAU traded up $0.49 during trading on Friday, reaching $50.78. 10,029,107 shares of the stock traded hands, compared to its average volume of 5,245,134. The stock’s 50-day moving average is $49.92 and its 200 day moving average is $48.41. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $52.69.

About iShares Gold Trust

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.