ORG Partners LLC Buys Shares of 4,124 iShares Gold Trust (NYSEARCA:IAU)

ORG Partners LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,124 shares of the exchange traded fund’s stock, valued at approximately $182,000.

A number of other large investors also recently bought and sold shares of the stock. Wells Fargo & Company MN lifted its position in iShares Gold Trust by 4.2% in the fourth quarter. Wells Fargo & Company MN now owns 11,592,328 shares of the exchange traded fund’s stock valued at $452,449,000 after buying an additional 463,281 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in iShares Gold Trust by 226.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,060,223 shares of the exchange traded fund’s stock valued at $236,531,000 after buying an additional 4,200,989 shares during the last quarter. Raymond James & Associates lifted its position in iShares Gold Trust by 5.0% in the first quarter. Raymond James & Associates now owns 3,844,075 shares of the exchange traded fund’s stock valued at $161,490,000 after buying an additional 183,140 shares during the last quarter. Equitable Trust Co. lifted its position in iShares Gold Trust by 5.0% in the first quarter. Equitable Trust Co. now owns 2,694,867 shares of the exchange traded fund’s stock valued at $113,211,000 after buying an additional 127,828 shares during the last quarter. Finally, GM Advisory Group LLC lifted its position in shares of iShares Gold Trust by 1.7% during the fourth quarter. GM Advisory Group LLC now owns 2,166,673 shares of the exchange traded fund’s stock worth $84,565,000 after purchasing an additional 36,696 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.8 %

Shares of IAU traded down $0.37 during mid-day trading on Wednesday, hitting $46.23. 4,832,894 shares of the company’s stock were exchanged, compared to its average volume of 6,373,468. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $46.93. The stock’s 50-day moving average is $44.89 and its 200-day moving average is $43.00.

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.