Insigneo Advisory Services LLC Buys Shares of 24,469 iShares Gold Trust (NYSEARCA:IAU)

Insigneo Advisory Services LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 24,469 shares of the exchange traded fund’s stock, valued at approximately $1,113,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Ocean LLC acquired a new stake in iShares Gold Trust in the first quarter valued at about $29,000. Pingora Partners LLC bought a new stake in shares of iShares Gold Trust during the 4th quarter valued at approximately $31,000. Global Trust Asset Management LLC increased its position in iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in iShares Gold Trust during the 2nd quarter worth approximately $31,000. Finally, YHB Investment Advisors Inc. bought a new position in iShares Gold Trust in the 1st quarter valued at approximately $33,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.1 %

NYSEARCA IAU opened at $50.25 on Thursday. The firm’s fifty day moving average price is $47.01 and its two-hundred day moving average price is $44.95. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $50.39.

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.