Main Street Financial Solutions LLC Has $1.65 Million Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Main Street Financial Solutions LLC grew its holdings in iShares Gold Trust (NYSEARCA:IAU) by 7.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,169 shares of the exchange traded fund’s stock after purchasing an additional 2,255 shares during the period. Main Street Financial Solutions LLC’s holdings in iShares Gold Trust were worth $1,648,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in IAU. Schrum Private Wealth Management LLC increased its position in shares of iShares Gold Trust by 100.0% in the third quarter. Schrum Private Wealth Management LLC now owns 12,830 shares of the exchange traded fund’s stock valued at $638,000 after acquiring an additional 6,415 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in iShares Gold Trust by 42.8% in the third quarter. Oppenheimer & Co. Inc. now owns 38,259 shares of the exchange traded fund’s stock valued at $1,901,000 after purchasing an additional 11,471 shares in the last quarter. Pinnacle Financial Partners Inc increased its position in shares of iShares Gold Trust by 8.4% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 58,406 shares of the exchange traded fund’s stock worth $2,903,000 after purchasing an additional 4,520 shares during the last quarter. Empower Advisory Group LLC raised its stake in shares of iShares Gold Trust by 0.8% during the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after purchasing an additional 111,210 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC boosted its holdings in shares of iShares Gold Trust by 2.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 209,426 shares of the exchange traded fund’s stock valued at $10,408,000 after buying an additional 4,733 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $48.59 on Thursday. iShares Gold Trust has a 1-year low of $37.02 and a 1-year high of $52.69. The firm has a fifty day simple moving average of $50.01 and a 200 day simple moving average of $46.84.

About iShares Gold Trust

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.