Vance Wealth Inc. bought a new stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,480 shares of the exchange traded fund’s stock, valued at approximately $223,000.
A number of other hedge funds also recently modified their holdings of IAU. Archer Investment Corp lifted its holdings in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares in the last quarter. Global Trust Asset Management LLC lifted its holdings 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 valued at $31,000 after purchasing an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Gold Trust in the second quarter valued at $31,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Gold Trust in the second quarter valued at $34,000. Finally, Pacifica Partners Inc. purchased a new stake in shares of iShares Gold Trust in the second quarter valued at $35,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Up 1.9 %
NYSEARCA IAU opened at $49.29 on Tuesday. iShares Gold Trust has a 1-year low of $37.21 and a 1-year high of $52.69. The firm’s fifty day simple moving average is $50.12 and its 200-day simple moving average is $46.98.
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.
Featured Stories
- Five stocks we like better than iShares Gold Trust
- How to Read Stock Charts for Beginners
- 3 High Flying Stocks That Could Stock Split in 2025
- How to Calculate Options Profits
- Retail Sector Comeback Plays: SPDR S&P Retail ETF, FND, and SHAK
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Top IoT Stocks: Why Samsara and Digi Are Thriving in 2025
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.com's FREE daily email newsletter.
