One Capital Management LLC Purchases 4,666 Shares of iShares Gold Trust (NYSEARCA:IAU)

One Capital Management LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 8.3% in the second quarter, Holdings Channel reports. The institutional investor owned 60,620 shares of the exchange traded fund’s stock after acquiring an additional 4,666 shares during the period. One Capital Management LLC’s holdings in iShares Gold Trust were worth $2,664,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Bcwm LLC lifted its holdings in iShares Gold Trust by 12.1% during the second quarter. Bcwm LLC now owns 240,178 shares of the exchange traded fund’s stock worth $10,551,000 after buying an additional 25,864 shares during the period. Rathbones Group PLC lifted its holdings in iShares Gold Trust by 6.6% during the second quarter. Rathbones Group PLC now owns 71,235 shares of the exchange traded fund’s stock worth $3,129,000 after buying an additional 4,405 shares during the period. Prime Capital Investment Advisors LLC lifted its holdings in iShares Gold Trust by 2.1% during the second quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock worth $8,992,000 after buying an additional 4,189 shares during the period. Clear Investment Research LLC lifted its holdings in iShares Gold Trust by 116.0% during the second quarter. Clear Investment Research LLC now owns 4,454 shares of the exchange traded fund’s stock worth $196,000 after buying an additional 2,392 shares during the period. Finally, Bigelow Investment Advisors LLC lifted its holdings in iShares Gold Trust by 3.8% during the second quarter. Bigelow Investment Advisors LLC now owns 96,278 shares of the exchange traded fund’s stock worth $4,229,000 after buying an additional 3,538 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $48.77 on Tuesday. iShares Gold Trust has a twelve month low of $34.35 and a twelve month high of $48.91. The business has a fifty day moving average of $46.50 and a two-hundred day moving average of $44.54.

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.