Twelve Points Wealth Management LLC Has $5.71 Million Stake in iShares Gold Trust (NYSEARCA:IAU)

Twelve Points Wealth Management LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 115,325 shares of the exchange traded fund’s stock after purchasing an additional 1,821 shares during the period. iShares Gold Trust accounts for 1.6% of Twelve Points Wealth Management LLC’s portfolio, making the stock its 11th largest holding. Twelve Points Wealth Management LLC’s holdings in iShares Gold Trust were worth $5,710,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IAU. TCP Asset Management LLC boosted its stake in shares of iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after buying an additional 195 shares during the period. Baker Avenue Asset Management LP lifted its stake in shares of iShares Gold Trust by 2.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 215 shares during the last quarter. SeaCrest Wealth Management LLC boosted its stake in shares of iShares Gold Trust by 2.7% during the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 215 shares in the last quarter. Howard Financial Services LTD. increased its position in iShares Gold Trust by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 220 shares during the period. Finally, Avaii Wealth Management LLC lifted its stake in shares of iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 249 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $52.18 on Wednesday. The firm has a fifty day simple moving average of $50.22 and a 200 day simple moving average of $49.06. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69.

iShares Gold Trust 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.