Huntington National Bank increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 7.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 206,962 shares of the exchange traded fund’s stock after buying an additional 14,614 shares during the quarter. Huntington National Bank’s holdings in iShares Gold Trust were worth $10,286,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of the business. TCP Asset Management LLC boosted its stake in iShares Gold Trust by 3.0% in the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after buying an additional 195 shares in the last quarter. Baker Avenue Asset Management LP lifted its holdings in shares of iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 215 shares during the period. Howard Financial Services LTD. boosted its stake in shares of iShares Gold Trust by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after purchasing an additional 220 shares in the last quarter. Avaii Wealth Management LLC grew its holdings in shares of iShares Gold Trust by 1.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after purchasing an additional 249 shares during the last quarter. Finally, EP Wealth Advisors LLC increased its position in shares of iShares Gold Trust by 1.4% during the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after purchasing an additional 262 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Down 0.3 %
Shares of iShares Gold Trust stock opened at $48.46 on Friday. The firm’s 50-day moving average price is $50.04 and its two-hundred day moving average price is $46.85. iShares Gold Trust has a 1-year low of $37.02 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.
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