Harbour Investments Inc. lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 7.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,600 shares of the exchange traded fund’s stock after acquiring an additional 3,053 shares during the period. Harbour Investments Inc.’s holdings in iShares Gold Trust were worth $2,316,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in IAU. Concurrent Investment Advisors LLC increased its position in shares of iShares Gold Trust by 5.9% during the first quarter. Concurrent Investment Advisors LLC now owns 7,845 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 436 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Gold Trust by 15.8% in the second quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after buying an additional 479,796 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of iShares Gold Trust by 4,843.7% in the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock valued at $11,632,000 after acquiring an additional 229,303 shares during the period. Prime Capital Investment Advisors LLC boosted its holdings in shares of iShares Gold Trust by 2.1% in the second quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock valued at $8,992,000 after acquiring an additional 4,189 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of iShares Gold Trust by 66.2% during the second quarter. Bank of New York Mellon Corp now owns 1,460,596 shares of the exchange traded fund’s stock worth $64,164,000 after acquiring an additional 581,671 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Down 1.0 %
IAU stock opened at $48.59 on Thursday. The company has a fifty day moving average price of $50.01 and a 200 day moving average price of $46.84. iShares Gold Trust has a 12 month low of $37.02 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.
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