iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Financial Counselors Inc.

Financial Counselors Inc. increased its position in iShares Gold Trust (NYSEARCA:IAU) by 13.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 154,460 shares of the exchange traded fund’s stock after purchasing an additional 18,770 shares during the period. Financial Counselors Inc.’s holdings in iShares Gold Trust were worth $7,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Fiduciary Trust Co increased its stake in iShares Gold Trust by 3.0% during the third quarter. Fiduciary Trust Co now owns 91,804 shares of the exchange traded fund’s stock valued at $4,563,000 after purchasing an additional 2,640 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of iShares Gold Trust by 24.6% in the 3rd quarter. CreativeOne Wealth LLC now owns 37,215 shares of the exchange traded fund’s stock valued at $1,850,000 after buying an additional 7,358 shares during the period. RiverGlades Family Offices LLC grew its position in shares of iShares Gold Trust by 0.9% during the 3rd quarter. RiverGlades Family Offices LLC now owns 90,872 shares of the exchange traded fund’s stock valued at $4,516,000 after buying an additional 775 shares during the last quarter. Glenmede Trust Co. NA raised its stake in iShares Gold Trust by 70.7% during the third quarter. Glenmede Trust Co. NA now owns 22,861 shares of the exchange traded fund’s stock worth $1,136,000 after acquiring an additional 9,468 shares during the period. Finally, Insight Wealth Partners LLC lifted its holdings in iShares Gold Trust by 3.4% in the third quarter. Insight Wealth Partners LLC now owns 163,724 shares of the exchange traded fund’s stock worth $8,137,000 after acquiring an additional 5,369 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $49.78 on Friday. The business has a 50 day moving average of $50.39 and a two-hundred day moving average of $47.27. iShares Gold Trust has a 52 week low of $37.40 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.