Van Hulzen Asset Management LLC Purchases 4,340 Shares of iShares Gold Trust (NYSEARCA:IAU)

Van Hulzen Asset Management LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 243,168 shares of the exchange traded fund’s stock after purchasing an additional 4,340 shares during the period. iShares Gold Trust accounts for 0.9% of Van Hulzen Asset Management LLC’s investment portfolio, making the stock its 29th biggest position. Van Hulzen Asset Management LLC’s holdings in iShares Gold Trust were worth $12,039,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Compass Financial Services Inc bought a new stake in iShares Gold Trust during the fourth quarter valued at $27,000. Archer Investment Corp raised its holdings in shares of iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 529 shares in the last quarter. Wintrust Investments LLC bought a new stake in shares of iShares Gold Trust during the 4th quarter valued at about $29,000. Financial Life Planners purchased a new position in shares of iShares Gold Trust during the fourth quarter worth about $33,000. Finally, Newbridge Financial Services Group Inc. bought a new position in shares of iShares Gold Trust in the fourth quarter worth approximately $40,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $56.29 on Friday. iShares Gold Trust has a 1 year low of $40.64 and a 1 year high of $56.53. The firm has a market cap of $40.33 billion, a PE ratio of -34.13 and a beta of 0.20. The company has a 50 day simple moving average of $53.40 and a two-hundred day simple moving average of $51.03.

About iShares Gold Trust

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.