Compass Ion Advisors LLC Takes Position in iShares Gold Trust (NYSEARCA:IAU)

Compass Ion Advisors LLC bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the third quarter, according to its most recent filing with the SEC. The fund bought 7,515 shares of the exchange traded fund’s stock, valued at approximately $373,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IAU. OLD National Bancorp IN grew its position in shares of iShares Gold Trust by 16.7% during the 3rd quarter. OLD National Bancorp IN now owns 15,989 shares of the exchange traded fund’s stock valued at $795,000 after acquiring an additional 2,285 shares during the period. Cyndeo Wealth Partners LLC grew its holdings in iShares Gold Trust by 1.2% during the third quarter. Cyndeo Wealth Partners LLC now owns 312,342 shares of the exchange traded fund’s stock valued at $15,523,000 after purchasing an additional 3,766 shares during the period. Pure Portfolios Holdings LLC purchased a new stake in iShares Gold Trust in the third quarter worth $616,000. DMC Group LLC raised its stake in shares of iShares Gold Trust by 35.7% in the third quarter. DMC Group LLC now owns 12,930 shares of the exchange traded fund’s stock valued at $643,000 after buying an additional 3,399 shares during the period. Finally, Resonant Capital Advisors LLC lifted its position in shares of iShares Gold Trust by 2.4% during the 3rd quarter. Resonant Capital Advisors LLC now owns 245,256 shares of the exchange traded fund’s stock valued at $12,189,000 after buying an additional 5,847 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of IAU opened at $51.37 on Monday. iShares Gold Trust has a fifty-two week low of $36.57 and a fifty-two week high of $51.41. The business has a 50-day moving average of $48.59 and a 200 day moving average of $46.01.

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.