Westover Capital Advisors LLC Has $844,000 Stake in iShares Gold Trust (NYSEARCA:IAU)

Westover Capital Advisors LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 162.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,625 shares of the exchange traded fund’s stock after buying an additional 13,391 shares during the quarter. Westover Capital Advisors LLC’s holdings in iShares Gold Trust were worth $844,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Redhawk Wealth Advisors Inc. boosted its holdings in shares of iShares Gold Trust by 2.4% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock worth $445,000 after buying an additional 262 shares in the last quarter. Ieq Capital LLC boosted its stake in iShares Gold Trust by 0.7% during the third quarter. Ieq Capital LLC now owns 41,123 shares of the exchange traded fund’s stock worth $1,439,000 after acquiring an additional 266 shares in the last quarter. Asset Dedication LLC boosted its stake in iShares Gold Trust by 2.5% during the third quarter. Asset Dedication LLC now owns 11,334 shares of the exchange traded fund’s stock worth $396,000 after acquiring an additional 278 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in iShares Gold Trust by 10.2% in the fourth 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 period. Finally, First Financial Corp IN increased its stake in iShares Gold Trust by 19.9% in the fourth quarter. First Financial Corp IN now owns 1,715 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 285 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock traded down $0.15 on Thursday, reaching $43.54. 6,204,591 shares of the company were exchanged, compared to its average volume of 6,950,803. The company has a 50-day moving average of $42.11 and a 200-day moving average of $39.49. iShares Gold Trust has a one year low of $34.35 and a one year high of $45.98.

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.