iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Independent Family Office LLC

Independent Family Office LLC lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.1% during the third quarter, Holdings Channel reports. The fund owned 425,857 shares of the exchange traded fund’s stock after acquiring an additional 16,827 shares during the quarter. iShares Gold Trust accounts for 10.6% of Independent Family Office LLC’s holdings, making the stock its 3rd largest position. Independent Family Office LLC’s holdings in iShares Gold Trust were worth $21,155,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Archer Investment Corp boosted its position in shares of iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 529 shares during the period. Global Trust Asset Management LLC increased its holdings in shares of iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in iShares Gold Trust in the 2nd quarter valued at $31,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares Gold Trust during the 2nd quarter valued at $34,000. Finally, Pacifica Partners Inc. bought a new position in iShares Gold Trust in the 2nd quarter worth about $35,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.5 %

NYSEARCA IAU traded up $0.26 on Tuesday, hitting $50.05. The company’s stock had a trading volume of 377,569 shares, compared to its average volume of 5,987,791. The company’s 50-day simple moving average is $50.41 and its 200 day simple moving average is $47.38. iShares Gold Trust has a 52-week low of $37.40 and a 52-week high of $52.69.

About iShares Gold Trust

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.