Cerity Partners LLC Acquires 131,559 Shares of iShares Gold Trust (NYSEARCA:IAU)

Cerity Partners LLC grew its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,244,343 shares of the exchange traded fund’s stock after acquiring an additional 131,559 shares during the period. Cerity Partners LLC owned 0.50% of iShares Gold Trust worth $161,244,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Archer Investment Corp increased its position in shares of iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares during the last quarter. Global Trust Asset Management LLC increased its holdings in iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 500 shares during the last quarter. 1620 Investment Advisors Inc. bought a new stake in iShares Gold Trust during the second quarter worth $31,000. Opal Wealth Advisors LLC acquired a new stake in iShares Gold Trust in the second quarter valued at $34,000. Finally, Pacifica Partners Inc. bought a new position in shares of iShares Gold Trust in the 2nd quarter valued at about $35,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.3 %

iShares Gold Trust stock opened at $51.10 on Friday. The stock has a 50-day simple moving average of $50.30 and a 200 day simple moving average of $47.12. iShares Gold Trust has a 52 week low of $37.40 and a 52 week high of $52.69.

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.