iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,108 shares of the exchange traded fund’s stock after acquiring an additional 631 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares Gold Trust were worth $897,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. AQR Capital Management LLC purchased a new position in shares of iShares Gold Trust in the 2nd quarter valued at $683,000. SkyView Investment Advisors LLC boosted its stake in iShares Gold Trust by 0.7% in the second quarter. SkyView Investment Advisors LLC now owns 484,854 shares of the exchange traded fund’s stock valued at $21,300,000 after acquiring an additional 3,177 shares in the last quarter. Kitching Partners LLC grew its holdings in shares of iShares Gold Trust by 5.8% during the second quarter. Kitching Partners LLC now owns 73,990 shares of the exchange traded fund’s stock worth $3,250,000 after purchasing an additional 4,037 shares during the last quarter. Creative Planning increased its position in shares of iShares Gold Trust by 1.2% during the second quarter. Creative Planning now owns 798,044 shares of the exchange traded fund’s stock worth $35,058,000 after purchasing an additional 9,705 shares in the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new stake in shares of iShares Gold Trust in the 2nd quarter valued at about $1,300,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $52.31 on Monday. The business has a 50-day moving average price of $50.17 and a 200 day moving average price of $48.98. 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.