Gladstone Institutional Advisory LLC Buys 728 Shares of iShares Gold Trust (NYSEARCA:IAU)

Gladstone Institutional Advisory LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.7% during the 3rd quarter, Holdings Channel reports. The firm owned 11,572 shares of the exchange traded fund’s stock after purchasing an additional 728 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares Gold Trust were worth $575,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Global Trust Asset Management LLC boosted its position in shares of iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in iShares Gold Trust during the second quarter worth $31,000. Opal Wealth Advisors LLC bought a new position in iShares Gold Trust during the second quarter worth $34,000. Pacifica Partners Inc. bought a new position in iShares Gold Trust during the second quarter worth $35,000. Finally, Chris Bulman Inc bought a new stake in iShares Gold Trust in the second quarter valued at $43,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Down 0.4 %

IAU opened at $51.62 on Monday. iShares Gold Trust has a 1-year low of $36.57 and a 1-year high of $52.69. The company has a fifty day moving average price of $49.56 and a two-hundred day moving average price of $46.53.

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.