Ameritas Advisory Services LLC Purchases 24,653 Shares of iShares Gold Trust (NYSEARCA:IAU)

Ameritas Advisory Services LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 75.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,389 shares of the exchange traded fund’s stock after buying an additional 24,653 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares Gold Trust were worth $2,841,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Archer Investment Corp lifted its position in shares of iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares Gold Trust by 127.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares in the last quarter. Global Trust Asset Management LLC lifted its position in shares of iShares Gold Trust by 71.4% during the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 500 shares in the last quarter. McIlrath & Eck LLC lifted its holdings in iShares Gold Trust by 34.3% in the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 341 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in iShares Gold Trust by 158.7% in the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 887 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $50.99 on Monday. The company’s 50 day simple moving average is $49.87 and its 200 day simple moving average is $48.76. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69.

About iShares Gold Trust

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.