Harvest Fund Management Co. Ltd Purchases 21,070 Shares of iShares Gold Trust (NYSEARCA:IAU)

Harvest Fund Management Co. Ltd raised its position in iShares Gold Trust (NYSEARCA:IAU) by 22.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 113,654 shares of the exchange traded fund’s stock after acquiring an additional 21,070 shares during the period. Harvest Fund Management Co. Ltd’s holdings in iShares Gold Trust were worth $5,647,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Archer Investment Corp raised its stake in iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares in the last quarter. Global Trust Asset Management LLC boosted its position in iShares Gold Trust by 250.0% in 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. acquired a new position in iShares Gold Trust in the second quarter valued at about $31,000. Opal Wealth Advisors LLC bought a new stake in iShares Gold Trust during the second quarter worth about $34,000. Finally, Pacifica Partners Inc. acquired a new stake in shares of iShares Gold Trust during the second quarter worth approximately $35,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU opened at $51.08 on Monday. iShares Gold Trust has a one year low of $37.40 and a one year high of $52.69. The business’s 50 day simple moving average is $50.30 and its 200-day simple moving average is $47.16.

iShares Gold Trust 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.