First Horizon Advisors Inc. Purchases 14,237 Shares of iShares Gold Trust (NYSEARCA:IAU)

First Horizon Advisors Inc. increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 27.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 66,042 shares of the exchange traded fund’s stock after acquiring an additional 14,237 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Gold Trust were worth $3,270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of IAU. FMR LLC increased its holdings in shares of iShares Gold Trust by 0.3% in the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock worth $1,146,335,000 after purchasing an additional 60,784 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of iShares Gold Trust by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock valued at $902,181,000 after acquiring an additional 142,487 shares in the last quarter. Empower Advisory Group LLC raised its holdings in shares of iShares Gold Trust by 0.8% in the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock valued at $741,610,000 after acquiring an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after acquiring an additional 981,362 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of iShares Gold Trust by 56.8% in the fourth quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after purchasing an additional 1,507,442 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Down 0.1 %

Shares of IAU opened at $55.39 on Monday. iShares Gold Trust has a 1-year low of $38.21 and a 1-year high of $55.60. The firm’s 50 day simple moving average is $51.75 and its 200 day simple moving average is $50.20.

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.