iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Southland Equity Partners LLC

Southland Equity Partners LLC boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 21.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 8,870 shares of the exchange traded fund’s stock after acquiring an additional 1,590 shares during the quarter. Southland Equity Partners LLC’s holdings in iShares Gold Trust were worth $373,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in IAU. Envestnet Portfolio Solutions Inc. purchased a new position in iShares Gold Trust in the 3rd quarter valued at $1,123,000. Hsbc Holdings PLC lifted its holdings in iShares Gold Trust by 6.7% in the 3rd quarter. Hsbc Holdings PLC now owns 99,513 shares of the exchange traded fund’s stock valued at $3,482,000 after purchasing an additional 6,263 shares in the last quarter. Northern Trust Corp lifted its holdings in iShares Gold Trust by 7.2% in the 3rd quarter. Northern Trust Corp now owns 2,352,199 shares of the exchange traded fund’s stock valued at $82,303,000 after purchasing an additional 157,334 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in shares of iShares Gold Trust by 37.1% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 5,886 shares of the exchange traded fund’s stock worth $206,000 after acquiring an additional 1,592 shares during the period. Finally, Asset Dedication LLC raised its holdings in shares of iShares Gold Trust by 2.5% during the 3rd quarter. Asset Dedication LLC now owns 11,334 shares of the exchange traded fund’s stock worth $396,000 after acquiring an additional 278 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.4 %

NYSEARCA IAU opened at $44.08 on Tuesday. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $46.08. The business’s fifty day simple moving average is $44.28 and its 200-day simple moving average is $41.28.

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.