Massmutual Trust Co. FSB ADV lifted its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,613 shares of the exchange traded fund’s stock after buying an additional 338 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in iShares Gold Trust were worth $1,422,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of the stock. Private Ocean LLC acquired a new position in shares of iShares Gold Trust in the first quarter worth about $29,000. Global Trust Asset Management LLC lifted its stake in shares of iShares Gold Trust by 250.0% in the second 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. acquired a new position in shares of iShares Gold Trust in the second quarter worth about $31,000. YHB Investment Advisors Inc. acquired a new position in shares of iShares Gold Trust in the first quarter worth about $33,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust in the second quarter worth about $34,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Down 0.0 %
NYSEARCA:IAU opened at $50.20 on Friday. The business’s 50-day simple moving average is $47.59 and its 200 day simple moving average is $45.30. iShares Gold Trust has a one year low of $34.35 and a one year high of $50.57.
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.
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