Maia Wealth LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 7.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,687 shares of the exchange traded fund’s stock after purchasing an additional 892 shares during the period. Maia Wealth LLC’s holdings in iShares Gold Trust were worth $707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also modified their holdings of the business. Truist Financial Corp grew its holdings in shares of iShares Gold Trust by 118.9% in the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after purchasing an additional 1,339,100 shares during the last quarter. 1832 Asset Management L.P. purchased a new position in shares of iShares Gold Trust during the first quarter worth approximately $30,021,000. Hsbc Holdings PLC raised its stake in shares of iShares Gold Trust by 713.8% during the second quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock valued at $33,339,000 after acquiring an additional 665,653 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares Gold Trust in the second quarter valued at approximately $26,134,000. Finally, Cetera Investment Advisers boosted its holdings in shares of iShares Gold Trust by 545.9% in the first quarter. Cetera Investment Advisers now owns 694,118 shares of the exchange traded fund’s stock valued at $29,160,000 after purchasing an additional 586,652 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Down 3.1 %
IAU traded down $1.60 during trading on Wednesday, hitting $50.21. 1,360,429 shares of the stock were exchanged, compared to its average volume of 5,891,248. The firm has a 50 day simple moving average of $49.73 and a 200 day simple moving average of $46.62. iShares Gold Trust has a 1 year low of $36.57 and a 1 year high of $52.69.
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.
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