NBC Securities Inc. Raises Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

NBC Securities Inc. boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 11.5% in the third quarter, Holdings Channel.com reports. The fund owned 6,083 shares of the exchange traded fund’s stock after acquiring an additional 629 shares during the quarter. NBC Securities Inc.’s holdings in iShares Gold Trust were worth $302,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. CX Institutional purchased a new stake in iShares Gold Trust in the 3rd quarter valued at about $503,000. Grove Bank & Trust raised its stake in shares of iShares Gold Trust by 739.2% during the third quarter. Grove Bank & Trust now owns 107,990 shares of the exchange traded fund’s stock valued at $5,367,000 after acquiring an additional 95,122 shares in the last quarter. Stablepoint Partners LLC boosted its holdings in shares of iShares Gold Trust by 3.2% in the third quarter. Stablepoint Partners LLC now owns 170,982 shares of the exchange traded fund’s stock valued at $8,498,000 after purchasing an additional 5,261 shares during the period. Procyon Advisors LLC bought a new position in iShares Gold Trust in the third quarter worth approximately $226,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.0 %

Shares of IAU stock opened at $51.37 on Friday. iShares Gold Trust has a twelve month low of $36.57 and a twelve month high of $51.41. The stock has a fifty day simple moving average of $48.59 and a two-hundred day simple moving average of $45.97.

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.