Tidal Investments LLC raised its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 542.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,277 shares of the exchange traded fund’s stock after buying an additional 43,301 shares during the period. Tidal Investments LLC’s holdings in iShares Gold Trust were worth $2,548,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of IAU. Archer Investment Corp raised 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 acquiring an additional 529 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Gold Trust during the 2nd quarter worth approximately $31,000. Chris Bulman Inc acquired a new position in shares of iShares Gold Trust in the 2nd quarter valued at $43,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 635 shares during the last quarter. Finally, Global Trust Asset Management LLC raised its stake in iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Stock Performance
NYSEARCA IAU opened at $49.98 on Monday. The company has a fifty day moving average of $50.42 and a two-hundred day moving average of $47.73. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69.
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.
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