iShares Gold Trust (NYSEARCA:IAU) Stock Holdings Raised by TriaGen Wealth Management LLC

TriaGen Wealth Management LLC boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.5% during the third quarter, Holdings Channel.com reports. The firm owned 86,923 shares of the exchange traded fund’s stock after acquiring an additional 4,543 shares during the period. iShares Gold Trust accounts for about 1.4% of TriaGen Wealth Management LLC’s portfolio, making the stock its 10th largest position. TriaGen Wealth Management LLC’s holdings in iShares Gold Trust were worth $4,320,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in shares of iShares Gold Trust by 15.8% in the second quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after acquiring an additional 479,796 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of iShares Gold Trust by 0.8% in the third quarter. Commonwealth Equity Services LLC now owns 3,062,509 shares of the exchange traded fund’s stock valued at $152,207,000 after acquiring an additional 23,058 shares during the period. Truist Financial Corp raised its stake in shares of iShares Gold Trust by 118.9% in the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock valued at $108,303,000 after acquiring an additional 1,339,100 shares during the period. Proficio Capital Partners LLC raised its stake in shares of iShares Gold Trust by 2.1% in the second quarter. Proficio Capital Partners LLC now owns 2,144,328 shares of the exchange traded fund’s stock valued at $94,200,000 after acquiring an additional 44,515 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of iShares Gold Trust by 66.2% in the second quarter. Bank of New York Mellon Corp now owns 1,460,596 shares of the exchange traded fund’s stock valued at $64,164,000 after acquiring an additional 581,671 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.0 %

Shares of IAU traded up $0.53 during midday trading on Friday, hitting $51.37. The stock had a trading volume of 7,175,615 shares, compared to its average volume of 5,956,799. iShares Gold Trust has a 1 year low of $36.57 and a 1 year high of $51.41. The stock’s 50 day moving average is $48.59 and its 200 day moving average is $45.97.

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.