Bleakley Financial Group LLC Purchases 6,221 Shares of iShares Gold Trust (NYSEARCA:IAU)

Bleakley Financial Group LLC increased its position in iShares Gold Trust (NYSEARCA:IAU) by 48.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,972 shares of the exchange traded fund’s stock after purchasing an additional 6,221 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares Gold Trust were worth $943,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in IAU. Southland Equity Partners LLC boosted its holdings in shares of iShares Gold Trust by 21.8% during the 1st quarter. Southland Equity Partners LLC now owns 8,870 shares of the exchange traded fund’s stock valued at $373,000 after buying an additional 1,590 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in iShares Gold Trust by 8.0% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 24,619 shares of the exchange traded fund’s stock worth $1,034,000 after acquiring an additional 1,830 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in iShares Gold Trust by 5.9% in 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 during the period. Geneos Wealth Management Inc. increased its stake in shares of iShares Gold Trust by 13.0% during the first quarter. Geneos Wealth Management Inc. now owns 3,446 shares of the exchange traded fund’s stock valued at $145,000 after purchasing an additional 396 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of iShares Gold Trust by 15.8% during 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 purchasing an additional 479,796 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Price Performance

Shares of IAU opened at $51.37 on Monday. The business’s 50 day moving average price is $48.59 and its 200-day moving average price is $46.01. iShares Gold Trust has a 52 week low of $36.57 and a 52 week high of $51.41.

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.