Zions Bancorporation N.A. Buys 357 Shares of iShares Gold Trust (NYSEARCA:IAU)

Zions Bancorporation N.A. boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 32.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,442 shares of the exchange traded fund’s stock after purchasing an additional 357 shares during the quarter. Zions Bancorporation N.A.’s holdings in iShares Gold Trust were worth $63,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Private Ocean LLC bought a new stake in iShares Gold Trust in the 1st quarter valued at about $29,000. Global Trust Asset Management LLC raised its position 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 worth $31,000 after purchasing an additional 500 shares during the period. 1620 Investment Advisors Inc. bought a new stake in iShares Gold Trust during the 2nd quarter valued at $31,000. Opal Wealth Advisors LLC acquired a new position in iShares Gold Trust during the second quarter worth $34,000. Finally, Pingora Partners LLC bought a new position in iShares Gold Trust in the 4th quarter valued at about $31,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Up 1.0 %

Shares of iShares Gold Trust stock opened at $48.80 on Monday. The stock has a fifty day simple moving average of $46.42 and a 200 day simple moving average of $44.47. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $48.85.

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.