Guardian Capital Advisors LP Buys New Shares in iShares Gold Trust (NYSEARCA:IAU)

Guardian Capital Advisors LP purchased a new position in iShares Gold Trust (NYSEARCA:IAU) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,000 shares of the exchange traded fund’s stock, valued at approximately $224,000.

Several other institutional investors have also recently made changes to their positions in IAU. ORG Partners LLC bought a new stake in shares of iShares Gold Trust during the 4th quarter valued at $28,000. Private Ocean LLC bought a new stake in iShares Gold Trust during the first quarter valued at about $29,000. Pingora Partners LLC purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at about $31,000. Signature Resources Capital Management LLC bought a new position in shares of iShares Gold Trust in the fourth quarter worth about $32,000. Finally, YHB Investment Advisors Inc. bought a new position in shares of iShares Gold Trust in the first quarter worth about $33,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.0 %

IAU traded up $0.46 on Friday, hitting $45.08. 3,162,380 shares of the company’s stock traded hands, compared to its average volume of 3,867,663. The company’s 50 day simple moving average is $44.59 and its 200-day simple moving average is $42.34. iShares Gold Trust has a one year low of $34.35 and a one year high of $46.93.

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.