Bensler LLC Acquires New Shares in iShares Gold Trust (NYSEARCA:IAU)

Bensler LLC acquired a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 21,420 shares of the exchange traded fund’s stock, valued at approximately $1,061,000.

Several other institutional investors also recently modified their holdings of IAU. Patriot Financial Group Insurance Agency LLC boosted its position in iShares Gold Trust by 40.7% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 78,514 shares of the exchange traded fund’s stock worth $3,887,000 after purchasing an additional 22,721 shares during the last quarter. Perigon Wealth Management LLC boosted its position in iShares Gold Trust by 16.8% in the fourth quarter. Perigon Wealth Management LLC now owns 272,954 shares of the exchange traded fund’s stock worth $13,989,000 after purchasing an additional 39,289 shares during the last quarter. VCI Wealth Management LLC boosted its position in iShares Gold Trust by 11.8% in the fourth quarter. VCI Wealth Management LLC now owns 406,994 shares of the exchange traded fund’s stock worth $20,150,000 after purchasing an additional 43,046 shares during the last quarter. W Advisors LLC purchased a new position in iShares Gold Trust in the fourth quarter worth about $228,000. Finally, Pacific Capital Wealth Advisors Inc. raised its stake in shares of iShares Gold Trust by 17.2% in the fourth quarter. Pacific Capital Wealth Advisors Inc. now owns 101,918 shares of the exchange traded fund’s stock worth $5,046,000 after buying an additional 14,949 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 0.4 %

NYSEARCA IAU opened at $51.97 on Tuesday. The stock’s 50-day moving average price is $50.17 and its 200-day moving average price is $49.01. iShares Gold Trust has a 52 week low of $37.53 and a 52 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.