Narwhal Capital Management Has $7.08 Million Holdings in iShares Gold Trust(ETF) (NYSEARCA:IAU)

Narwhal Capital Management increased its holdings in iShares Gold Trust(ETF) (NYSEARCA:IAU) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 565,922 shares of the exchange traded fund’s stock after acquiring an additional 17,265 shares during the quarter. iShares Gold Trust(ETF) makes up about 1.6% of Narwhal Capital Management’s investment portfolio, making the stock its 10th largest position. Narwhal Capital Management owned approximately 0.07% of iShares Gold Trust(ETF) worth $7,080,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Belpointe Asset Management LLC acquired a new position in iShares Gold Trust(ETF) in the 3rd quarter worth approximately $338,000. Cetera Advisor Networks LLC boosted its position in iShares Gold Trust(ETF) by 7.3% in the 3rd quarter. Cetera Advisor Networks LLC now owns 398,480 shares of the exchange traded fund’s stock worth $4,904,000 after purchasing an additional 27,223 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Gold Trust(ETF) by 67.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 653,260 shares of the exchange traded fund’s stock worth $8,043,000 after purchasing an additional 262,451 shares in the last quarter. NTV Asset Management LLC purchased a new stake in iShares Gold Trust(ETF) in the 3rd quarter worth approximately $4,208,000. Finally, GenWealth Group Inc. boosted its position in iShares Gold Trust(ETF) by 36.2% in the 3rd quarter. GenWealth Group Inc. now owns 527,346 shares of the exchange traded fund’s stock worth $6,491,000 after purchasing an additional 140,088 shares in the last quarter.

iShares Gold Trus (NYSEARCA:IAU) traded up $0.22 during trading on Wednesday, reaching $12.98. The company’s stock had a trading volume of 6,900,000 shares. iShares Gold Trus has a 1-year low of $11.52 and a 1-year high of $13.11. The stock has a market cap of $11,420.00 and a price-to-earnings ratio of -12.02.

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iShares Gold Trust(ETF) 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.

Institutional Ownership by Quarter for iShares Gold Trust(ETF) (NYSEARCA:IAU)

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