iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by PCA Investment Advisory Services Inc.

PCA Investment Advisory Services Inc. raised its stake in iShares Gold Trust (NYSEARCA:IAU) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,867 shares of the exchange traded fund’s stock after acquiring an additional 305 shares during the quarter. PCA Investment Advisory Services Inc.’s holdings in iShares Gold Trust were worth $241,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IAU. Archer Investment Corp boosted its position in 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 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 635 shares in the last quarter. Global Trust Asset Management LLC grew its stake in iShares Gold Trust by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 500 shares during the period. Zions Bancorporation N.A. raised its position in iShares Gold Trust by 32.9% during the second quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock worth $63,000 after acquiring an additional 357 shares during the period. Finally, McIlrath & Eck LLC lifted its holdings in iShares Gold Trust by 34.3% during the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 341 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU stock opened at $50.25 on Tuesday. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.69. The firm has a 50-day simple moving average of $49.87 and a 200-day simple moving average of $48.57.

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.