Huntington National Bank lifted its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 7.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 206,962 shares of the exchange traded fund’s stock after buying an additional 14,614 shares during the period. Huntington National Bank’s holdings in iShares Gold Trust were worth $10,286,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of IAU. Main Street Financial Solutions LLC lifted its stake in iShares Gold Trust by 7.3% during the third quarter. Main Street Financial Solutions LLC now owns 33,169 shares of the exchange traded fund’s stock valued at $1,648,000 after purchasing an additional 2,255 shares during the last quarter. Schrum Private Wealth Management LLC increased its holdings in shares of iShares Gold Trust by 100.0% in the third quarter. Schrum Private Wealth Management LLC now owns 12,830 shares of the exchange traded fund’s stock valued at $638,000 after buying an additional 6,415 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of iShares Gold Trust by 42.8% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 38,259 shares of the exchange traded fund’s stock valued at $1,901,000 after acquiring an additional 11,471 shares during the last quarter. Pinnacle Financial Partners Inc boosted its stake in shares of iShares Gold Trust by 8.4% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 58,406 shares of the exchange traded fund’s stock worth $2,903,000 after acquiring an additional 4,520 shares in the last quarter. Finally, Empower Advisory Group LLC grew its holdings in shares of iShares Gold Trust by 0.8% in the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after acquiring an additional 111,210 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Down 0.3 %
Shares of iShares Gold Trust stock opened at $48.46 on Friday. iShares Gold Trust has a 12-month low of $37.02 and a 12-month high of $52.69. The stock’s fifty day moving average is $50.04 and its 200-day moving average is $46.85.
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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