4 hours Ago By ABMN Staff
Merit Financial Group LLC raised its stake in iShares Gold Trust ( NYSEARCA:IAU – Free Report ) by 177.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,538 shares of the exchange traded fund’s stock after buying an additional 32,975 shares during the period.
Merit Financial Group LLC’s holdings in iShares Gold Trust were worth $2,552,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Archer Investment Corp grew its position in iShares Gold Trust by 813.
8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc.
boosted its position in shares of iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc.
now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 635 shares in the last quarter. Global Trust Asset Management LLC boosted its holdings in shares of iShares Gold Trust by 71.4% during the 3rd quarter.
Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 500 shares in the last quarter. McIlrath & Eck LLC grew its holdings in iShares Gold Trust by 34.3% in the third quarter.
McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 341 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of iShares Gold Trust by 158.7% in the 3rd quarter.
GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 887 shares during the period. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance NYSEARCA IAU opened at $50.99 on Monday. The business has a 50 day moving average price of $49.
87 and a 200-day moving average price of $48.76. iShares Gold Trust has a 52 week low of $37.
53 and a 52 week high of $52.69. iShares Gold Trust 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. Featured Articles Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.
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