iShares Gold Trust (NYSEARCA:IAU) is Lenox Wealth Management Inc.’s 4th Largest Position

Lenox Wealth Management Inc. grew its position in iShares Gold Trust (NYSEARCA:IAU) by 9.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 814,266 shares of the exchange traded fund’s stock after buying an additional 73,114 shares during the quarter. iShares Gold Trust accounts for approximately 3.3% of Lenox Wealth Management Inc.’s holdings, making the stock its 4th biggest holding. Lenox Wealth Management Inc. owned 0.07% of iShares Gold Trust worth $11,481,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Mid Atlantic Financial Management Inc. ADV boosted its stake in shares of iShares Gold Trust by 12.3% during the second quarter. Mid Atlantic Financial Management Inc. ADV now owns 35,226 shares of the exchange traded fund’s stock valued at $476,000 after acquiring an additional 3,856 shares during the last quarter. NEXT Financial Group Inc boosted its stake in shares of iShares Gold Trust by 2,330.1% during the second quarter. NEXT Financial Group Inc now owns 39,440 shares of the exchange traded fund’s stock valued at $532,000 after acquiring an additional 37,817 shares during the last quarter. Beacon Investment Advisory Services Inc. boosted its stake in shares of iShares Gold Trust by 36.1% during the third quarter. Beacon Investment Advisory Services Inc. now owns 422,097 shares of the exchange traded fund’s stock valued at $5,952,000 after acquiring an additional 111,886 shares during the last quarter. Confluence Investment Management LLC boosted its stake in shares of iShares Gold Trust by 2.0% during the second quarter. Confluence Investment Management LLC now owns 410,991 shares of the exchange traded fund’s stock valued at $5,548,000 after acquiring an additional 8,167 shares during the last quarter. Finally, Ackerman Capital Advisors LLC acquired a new stake in shares of iShares Gold Trust during the second quarter valued at $631,000.

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Shares of IAU traded down $0.08 during trading hours on Friday, reaching $13.95. 14,964,485 shares of the company traded hands, compared to its average volume of 18,158,650. iShares Gold Trust has a fifty-two week low of $11.49 and a fifty-two week high of $14.90. The stock has a fifty day simple moving average of $14.32 and a 200 day simple moving average of $13.61.

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.

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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU).

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

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