Geneos Wealth Management Inc. raised its stake in iShares Gold Trust (NYSEARCA:IAU – Get Rating) by 50.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,996 shares of the exchange traded fund's stock after buying an additional 671 shares during the quarter. Geneos Wealth Management Inc.'s holdings in iShares Gold Trust were worth $69,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Psagot Value Holdings Ltd. Israel bought a new stake in shares of iShares Gold Trust in the third quarter worth $32,000. Hexagon Capital Partners LLC lifted its position in shares of iShares Gold Trust by 73.5% in the fourth quarter. Hexagon Capital Partners LLC now owns 928 shares of the exchange traded fund's stock worth $32,000 after purchasing an additional 393 shares in the last quarter. Accurate Wealth Management LLC bought a new stake in shares of iShares Gold Trust in the fourth quarter worth $33,000. Valley National Advisers Inc. lifted its position in shares of iShares Gold Trust by 98.2% in the third quarter. Valley National Advisers Inc. now owns 1,092 shares of the exchange traded fund's stock worth $34,000 after purchasing an additional 541 shares in the last quarter. Finally, Fiduciary Alliance LLC bought a new stake in shares of iShares Gold Trust in the fourth quarter worth $36,000. Institutional investors own 62.40% of the company's stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $37.86 on Tuesday. The company's fifty day simple moving average is $36.26 and its 200-day simple moving average is $34.63. iShares Gold Trust has a 12 month low of $30.69 and a 12 month high of $38.84.

iShares Gold Trust Profile

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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.

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