Creative Planning Buys 9,705 Shares of iShares Gold Trust (NYSEARCA:IAU)

Creative Planning increased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 798,044 shares of the exchange traded fund’s stock after acquiring an additional 9,705 shares during the period. Creative Planning owned about 0.12% of iShares Gold Trust worth $35,058,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Southland Equity Partners LLC raised its holdings in iShares Gold Trust by 21.8% during the first quarter. Southland Equity Partners LLC now owns 8,870 shares of the exchange traded fund’s stock worth $373,000 after acquiring an additional 1,590 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in iShares Gold Trust by 8.0% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 24,619 shares of the exchange traded fund’s stock worth $1,034,000 after acquiring an additional 1,830 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in iShares Gold Trust by 5.9% in the first quarter. Concurrent Investment Advisors LLC now owns 7,845 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 436 shares during the period. Novak & Powell Financial Services Inc. bought a new stake in iShares Gold Trust in the fourth quarter valued at approximately $1,536,000. Finally, Geneos Wealth Management Inc. raised its stake in iShares Gold Trust by 13.0% in the first quarter. Geneos Wealth Management Inc. now owns 3,446 shares of the exchange traded fund’s stock valued at $145,000 after buying an additional 396 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $50.09 on Monday. The stock’s 50 day moving average price is $47.20 and its two-hundred day moving average price is $45.08. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $50.57.

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.