Signify Wealth Increases Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Signify Wealth raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 10.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,680 shares of the exchange traded fund’s stock after purchasing an additional 6,373 shares during the period. iShares Gold Trust accounts for 3.9% of Signify Wealth’s portfolio, making the stock its 16th largest position. Signify Wealth’s holdings in iShares Gold Trust were worth $3,215,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the business. Global Trust Asset Management LLC lifted its holdings in iShares Gold Trust by 250.0% in the second 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 during the period. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Gold Trust during the second quarter worth $31,000. Opal Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust during the 2nd quarter worth $34,000. Pacifica Partners Inc. bought a new position in shares of iShares Gold Trust in the second quarter valued at approximately $35,000. Finally, Chris Bulman Inc acquired a new stake in shares of iShares Gold Trust in the second quarter valued at about $43,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA IAU traded up $0.19 on Monday, reaching $51.81. The company’s stock had a trading volume of 310,343 shares, compared to its average volume of 5,915,578. iShares Gold Trust has a 52 week low of $36.57 and a 52 week high of $52.69. The business has a 50-day moving average price of $49.56 and a 200 day moving average price of $46.53.

About iShares Gold Trust

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.