Bleakley Financial Group LLC Purchases 6,221 Shares of iShares Gold Trust (NYSEARCA:IAU)

Bleakley Financial Group LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 48.8% during the third quarter, Holdings Channel reports. The fund owned 18,972 shares of the exchange traded fund’s stock after acquiring an additional 6,221 shares during the period. Bleakley Financial Group LLC’s holdings in iShares Gold Trust were worth $943,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Truist Financial Corp lifted its stake in shares of iShares Gold Trust by 118.9% in the 2nd quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after purchasing an additional 1,339,100 shares during the period. 1832 Asset Management L.P. purchased a new position in shares of iShares Gold Trust during the 1st quarter worth $30,021,000. Hsbc Holdings PLC grew its position in shares of iShares Gold Trust by 713.8% during the 2nd quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock valued at $33,339,000 after acquiring an additional 665,653 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares Gold Trust in the 2nd quarter worth $26,134,000. Finally, Cetera Investment Advisers raised its holdings in iShares Gold Trust by 545.9% in the 1st quarter. Cetera Investment Advisers now owns 694,118 shares of the exchange traded fund’s stock worth $29,160,000 after purchasing an additional 586,652 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Up 1.0 %

NYSEARCA IAU opened at $51.37 on Monday. The business’s fifty day moving average is $48.59 and its 200 day moving average is $46.01. iShares Gold Trust has a fifty-two week low of $36.57 and a fifty-two week high of $51.41.

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.