Founders Financial Securities LLC acquired a new position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,055 shares of the exchange traded fund’s stock, valued at approximately $266,000.
Other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC bought a new stake in shares of iShares Gold Trust in the fourth quarter worth $375,000. Aveo Capital Partners LLC increased its position in shares of iShares Gold Trust by 18.2% in the 4th quarter. Aveo Capital Partners LLC now owns 258,376 shares of the exchange traded fund’s stock worth $10,084,000 after purchasing an additional 39,780 shares during the last quarter. Cullen Frost Bankers Inc. raised its stake in shares of iShares Gold Trust by 158.2% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,880 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 1,152 shares in the last quarter. Principal Securities Inc. bought a new position in shares of iShares Gold Trust during the fourth quarter worth about $366,000. Finally, Smithfield Trust Co bought a new position in shares of iShares Gold Trust during the fourth quarter worth about $36,000. 59.67% of the stock is owned by institutional investors and hedge funds.
iShares Gold Trust Price Performance
Shares of iShares Gold Trust stock opened at $47.15 on Friday. The business has a 50-day moving average price of $46.08 and a 200 day moving average price of $44.05. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $47.83.
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.
Featured Articles
- Five stocks we like better than iShares Gold Trust
- What Does a Stock Split Mean?
- Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
- Investing in Construction Stocks
- Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
- How to Calculate Stock Profit
- Why Analysts See Big Upside for Occidental Petroleum Despite Lows
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).
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
