Lifeworks Advisors LLC Acquires 29,286 Shares of iShares Gold Trust (NYSEARCA:IAU)

Lifeworks Advisors LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 25.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,452 shares of the exchange traded fund’s stock after acquiring an additional 29,286 shares during the quarter. iShares Gold Trust accounts for about 1.4% of Lifeworks Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Lifeworks Advisors LLC’s holdings in iShares Gold Trust were worth $7,229,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Global Trust Asset Management LLC raised its stake in iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in shares of iShares Gold Trust during the second quarter valued at approximately $31,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares Gold Trust in the 2nd quarter worth approximately $34,000. Pacifica Partners Inc. bought a new position in iShares Gold Trust during the 2nd quarter worth $35,000. Finally, Chris Bulman Inc acquired a new stake in iShares Gold Trust in the second quarter worth $43,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.3 %

Shares of iShares Gold Trust stock traded down $0.13 during trading on Thursday, hitting $48.46. 1,484,401 shares of the stock were exchanged, compared to its average volume of 6,046,525. iShares Gold Trust has a 12 month low of $37.02 and a 12 month high of $52.69. The stock’s fifty day moving average is $50.04 and its 200 day moving average is $46.85.

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.