Compass Ion Advisors LLC Has $410,000 Holdings in iShares Gold Trust (NYSEARCA:IAU)

Compass Ion Advisors LLC lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 10.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,276 shares of the exchange traded fund’s stock after acquiring an additional 761 shares during the period. Compass Ion Advisors LLC’s holdings in iShares Gold Trust were worth $410,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. Thrivent Financial for Lutherans increased its position in iShares Gold Trust by 0.6% during the third quarter. Thrivent Financial for Lutherans now owns 110,016 shares of the exchange traded fund’s stock worth $5,468,000 after acquiring an additional 640 shares during the period. Pathstone Holdings LLC increased its holdings in shares of iShares Gold Trust by 0.7% during the 3rd quarter. Pathstone Holdings LLC now owns 156,746 shares of the exchange traded fund’s stock worth $7,790,000 after purchasing an additional 1,033 shares during the period. Prospera Financial Services Inc raised its position in shares of iShares Gold Trust by 18.7% during the third quarter. Prospera Financial Services Inc now owns 44,531 shares of the exchange traded fund’s stock valued at $2,213,000 after buying an additional 7,001 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of iShares Gold Trust by 2.7% in the third quarter. PNC Financial Services Group Inc. now owns 950,390 shares of the exchange traded fund’s stock valued at $47,234,000 after buying an additional 24,557 shares during the period. Finally, Wealthgate Family Office LLC grew its position in iShares Gold Trust by 87.6% during the third quarter. Wealthgate Family Office LLC now owns 23,097 shares of the exchange traded fund’s stock worth $1,148,000 after buying an additional 10,785 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.4 %

iShares Gold Trust stock opened at $57.51 on Thursday. The business has a 50 day moving average price of $53.83 and a two-hundred day moving average price of $51.23. iShares Gold Trust has a 12 month low of $40.68 and a 12 month high of $57.59. The stock has a market cap of $41.20 billion, a price-to-earnings ratio of -34.13 and a beta of 0.20.

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.