Signature Estate & Investment Advisors LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 4.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 10,666 shares of the exchange traded fund’s stock after acquiring an additional 500 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares Gold Trust were worth $530,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Global Trust Asset Management LLC lifted its position in iShares Gold Trust by 250.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new stake in iShares Gold Trust during the second quarter valued at $31,000. Opal Wealth Advisors LLC purchased a new position in iShares Gold Trust in the second quarter valued at about $34,000. Pacifica Partners Inc. acquired a new position in iShares Gold Trust in the 2nd quarter worth about $35,000. Finally, Chris Bulman Inc purchased a new stake in shares of iShares Gold Trust during the 2nd quarter worth about $43,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Down 0.2 %
Shares of iShares Gold Trust stock opened at $48.37 on Friday. The stock has a 50-day simple moving average of $50.08 and a 200-day simple moving average of $46.89. iShares Gold Trust has a 52-week low of $37.21 and a 52-week high of $52.69.
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 – Free Report).
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