Bigelow Investment Advisors LLC Has $3.23 Million Position in iShares Gold Trust (NYSEARCA:IAU)

Bigelow Investment Advisors LLC grew its holdings in iShares Gold Trust (NYSEARCA:IAU) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 82,751 shares of the exchange traded fund’s stock after purchasing an additional 3,555 shares during the quarter. iShares Gold Trust makes up 1.7% of Bigelow Investment Advisors LLC’s portfolio, making the stock its 10th biggest position. Bigelow Investment Advisors LLC’s holdings in iShares Gold Trust were worth $3,230,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IAU. PFG Advisors grew its position in iShares Gold Trust by 3.7% during the 4th quarter. PFG Advisors now owns 20,968 shares of the exchange traded fund’s stock worth $818,000 after purchasing an additional 754 shares during the last quarter. Kingswood Wealth Advisors LLC grew its position in iShares Gold Trust by 203.7% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 19,533 shares of the exchange traded fund’s stock worth $762,000 after purchasing an additional 13,101 shares during the last quarter. Hsbc Holdings PLC grew its position in iShares Gold Trust by 6.7% during the 3rd quarter. Hsbc Holdings PLC now owns 99,513 shares of the exchange traded fund’s stock worth $3,482,000 after purchasing an additional 6,263 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in iShares Gold Trust during the 4th quarter worth approximately $544,000. Finally, Geneos Wealth Management Inc. grew its position in iShares Gold Trust by 10.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock worth $119,000 after purchasing an additional 282 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.3 %

NYSEARCA:IAU traded up $0.14 during trading hours on Friday, hitting $45.14. 7,872,464 shares of the company were exchanged, compared to its average volume of 6,818,628. The company’s 50 day moving average price is $41.04 and its 200-day moving average price is $38.90. iShares Gold Trust has a 52-week low of $34.35 and a 52-week high of $45.98.

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.