Silvia Mccoll Wealth Management LLC Has $878,000 Holdings in iShares Gold Trust (NYSEARCA:IAU)

Silvia Mccoll Wealth Management LLC increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 60.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,741 shares of the exchange traded fund’s stock after purchasing an additional 6,670 shares during the period. Silvia Mccoll Wealth Management LLC’s holdings in iShares Gold Trust were worth $878,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. Archer Investment Corp raised its position in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 635 shares during the period. Global Trust Asset Management LLC lifted its position in iShares Gold Trust by 71.4% during the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares during the last quarter. McIlrath & Eck LLC lifted its position in iShares Gold Trust by 34.3% during the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 341 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of iShares Gold Trust by 158.7% during the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock worth $72,000 after acquiring an additional 887 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA:IAU traded up $0.13 during mid-day trading on Wednesday, hitting $50.66. 619,935 shares of the stock were exchanged, compared to its average volume of 4,384,194. The firm’s 50-day simple moving average is $49.85 and its 200 day simple moving average is $48.62. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69.

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.