RiverGlades Family Offices LLC increased its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 0.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,872 shares of the exchange traded fund’s stock after purchasing an additional 775 shares during the quarter. iShares Gold Trust accounts for 3.2% of RiverGlades Family Offices LLC’s portfolio, making the stock its 8th largest position. RiverGlades Family Offices LLC’s holdings in iShares Gold Trust were worth $4,516,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in IAU. Archer Investment Corp boosted its position in iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the last quarter. Global Trust Asset Management LLC grew its stake 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 valued at $31,000 after purchasing an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Gold Trust in the 2nd quarter valued at approximately $31,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares Gold Trust during the 2nd quarter valued at approximately $34,000. Finally, Pacifica Partners Inc. acquired a new stake in shares of iShares Gold Trust during the second quarter worth approximately $35,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.
iShares Gold Trust Stock Up 0.2 %
IAU opened at $49.69 on Wednesday. iShares Gold Trust has a 12-month low of $37.40 and a 12-month high of $52.69. The firm’s fifty day moving average price is $50.34 and its 200 day moving average price is $47.24.
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.
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