Valued Wealth Advisors LLC Boosts Holdings in iShares Gold Trust (NYSEARCA:IAU)

Valued Wealth Advisors LLC raised its holdings in iShares Gold Trust (NYSEARCA:IAU) by 65.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 840 shares of the exchange traded fund’s stock after buying an additional 333 shares during the period. Valued Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $42,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IAU. Quadrature Capital Ltd purchased a new position in iShares Gold Trust in the third quarter valued at $95,801,000. Truist Financial Corp grew its position in shares of iShares Gold Trust by 118.9% during the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after buying an additional 1,339,100 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares in the last quarter. Park Avenue Securities LLC increased its stake in shares of iShares Gold Trust by 6,538.7% during the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock worth $33,808,000 after buying an additional 672,568 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its holdings in iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after acquiring an additional 666,330 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $52.31 on Monday. The company’s 50 day moving average is $50.17 and its two-hundred day moving average is $48.98. iShares Gold Trust has a 52 week low of $37.53 and a 52 week 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.