Hilltop Holdings Inc. Purchases 575 Shares of iShares Gold Trust (NYSEARCA:IAU)

Hilltop Holdings Inc. boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 2.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,294 shares of the exchange traded fund’s stock after acquiring an additional 575 shares during the period. Hilltop Holdings Inc.’s holdings in iShares Gold Trust were worth $1,009,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. TCP Asset Management LLC grew its holdings in iShares Gold Trust by 3.0% in the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after acquiring an additional 195 shares during the last quarter. Baker Avenue Asset Management LP grew its holdings in iShares Gold Trust by 2.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 215 shares during the last quarter. Howard Financial Services LTD. grew its holdings in iShares Gold Trust by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 220 shares during the last quarter. Avaii Wealth Management LLC grew its holdings in iShares Gold Trust by 1.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 249 shares during the last quarter. Finally, OMNI 360 Wealth Inc. grew its holdings in iShares Gold Trust by 5.0% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 5,632 shares of the exchange traded fund’s stock worth $280,000 after acquiring an additional 270 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $50.04 on Thursday. The company’s fifty day simple moving average is $50.40 and its two-hundred day simple moving average is $47.43. iShares Gold Trust has a 12-month low of $37.40 and a 12-month high of $52.69.

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.