Boyce & Associates Wealth Consulting Inc. Increases Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Boyce & Associates Wealth Consulting Inc. lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.9% in the third quarter, HoldingsChannel.com reports. The firm owned 26,294 shares of the exchange traded fund’s stock after acquiring an additional 745 shares during the quarter. iShares Gold Trust accounts for about 1.4% of Boyce & Associates Wealth Consulting Inc.’s investment portfolio, making the stock its 13th largest holding. Boyce & Associates Wealth Consulting Inc.’s holdings in iShares Gold Trust were worth $1,307,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. XML Financial LLC purchased a new stake in shares of iShares Gold Trust in the 4th quarter valued at approximately $247,000. Regal Investment Advisors LLC increased its holdings in iShares Gold Trust by 80.3% in the 4th quarter. Regal Investment Advisors LLC now owns 22,813 shares of the exchange traded fund’s stock valued at $890,000 after purchasing an additional 10,158 shares during the last quarter. First Financial Bankshares Inc acquired a new stake in iShares Gold Trust in the 4th quarter valued at approximately $863,000. LM Advisors LLC purchased a new stake in iShares Gold Trust in the fourth quarter valued at approximately $2,061,000. Finally, Pariax LLC lifted its stake in iShares Gold Trust by 12.9% during the fourth quarter. Pariax LLC now owns 188,927 shares of the exchange traded fund’s stock worth $7,374,000 after purchasing an additional 21,565 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU opened at $49.54 on Wednesday. iShares Gold Trust has a 52 week low of $34.93 and a 52 week high of $50.57. The business has a fifty day simple moving average of $47.79 and a 200-day simple moving average of $45.49.

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.