iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Klingman & Associates LLC

Klingman & Associates LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 71.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,983 shares of the exchange traded fund’s stock after acquiring an additional 3,333 shares during the quarter. Klingman & Associates LLC’s holdings in iShares Gold Trust were worth $397,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Truist Financial Corp lifted its stake in shares of iShares Gold Trust by 118.9% during the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after purchasing an additional 1,339,100 shares in the last quarter. 1832 Asset Management L.P. acquired a new position in iShares Gold Trust during the 1st quarter worth approximately $30,021,000. Hsbc Holdings PLC grew its position in iShares Gold Trust by 713.8% in the second quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock valued at $33,339,000 after acquiring an additional 665,653 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares Gold Trust during the second quarter valued at approximately $26,134,000. Finally, Cetera Investment Advisers lifted its position in shares of iShares Gold Trust by 545.9% during the first quarter. Cetera Investment Advisers now owns 694,118 shares of the exchange traded fund’s stock worth $29,160,000 after purchasing an additional 586,652 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.7 %

IAU opened at $50.70 on Friday. iShares Gold Trust has a twelve month low of $36.57 and a twelve month high of $52.69. The company has a fifty day simple moving average of $49.92 and a 200 day simple moving average of $46.73.

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.