Regency Capital Management Inc. DE Purchases 46,190 Shares of iShares Gold Trust (NYSEARCA:IAU)

Regency Capital Management Inc. DE increased its position in iShares Gold Trust (NYSEARCA:IAU) by 39.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 164,010 shares of the exchange traded fund’s stock after acquiring an additional 46,190 shares during the period. iShares Gold Trust makes up about 4.5% of Regency Capital Management Inc. DE’s investment portfolio, making the stock its 6th biggest position. Regency Capital Management Inc. DE’s holdings in iShares Gold Trust were worth $8,151,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares Gold Trust by 15.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock worth $154,577,000 after purchasing an additional 479,796 shares during the period. Commonwealth Equity Services LLC increased its position in iShares Gold Trust by 6.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,039,451 shares of the exchange traded fund’s stock worth $133,523,000 after purchasing an additional 178,898 shares in the last quarter. Truist Financial Corp increased its position in iShares Gold Trust by 118.9% during the 2nd quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after purchasing an additional 1,339,100 shares in the last quarter. Proficio Capital Partners LLC grew its position in iShares Gold Trust by 2.1% in the second quarter. Proficio Capital Partners LLC now owns 2,144,328 shares of the exchange traded fund’s stock valued at $94,200,000 after acquiring an additional 44,515 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in iShares Gold Trust by 66.2% in the second quarter. Bank of New York Mellon Corp now owns 1,460,596 shares of the exchange traded fund’s stock valued at $64,164,000 after acquiring an additional 581,671 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock traded down $0.12 on Friday, hitting $50.08. 8,649,569 shares of the company’s stock traded hands, compared to its average volume of 6,058,153. The firm’s 50-day moving average is $47.59 and its 200 day moving average is $45.30. iShares Gold Trust has a 52-week low of $34.35 and a 52-week 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.