iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Confluence Investment Management LLC

Confluence Investment Management LLC grew its holdings in iShares Gold Trust (NYSEARCA:IAU) by 5.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,370 shares of the exchange traded fund’s stock after acquiring an additional 685 shares during the period. Confluence Investment Management LLC’s holdings in iShares Gold Trust were worth $714,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of IAU. Concurrent Investment Advisors LLC raised its holdings in iShares Gold Trust by 5.9% in the first quarter. Concurrent Investment Advisors LLC now owns 7,845 shares of the exchange traded fund’s stock valued at $330,000 after acquiring an additional 436 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of iShares Gold Trust by 13.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,446 shares of the exchange traded fund’s stock worth $145,000 after purchasing an additional 396 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Gold Trust by 15.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock worth $154,577,000 after purchasing an additional 479,796 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of iShares Gold Trust by 4,843.7% during the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after purchasing an additional 229,303 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC increased its holdings in iShares Gold Trust by 2.1% in the second quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock valued at $8,992,000 after buying an additional 4,189 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.7 %

Shares of NYSEARCA IAU opened at $50.70 on Friday. The business has a 50-day moving average of $49.92 and a two-hundred day moving average of $46.73. iShares Gold Trust has a 1 year low of $36.57 and a 1 year high of $52.69.

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.