Carl Stuart Investment Advisor Inc. Raises Holdings in iShares Gold Trust (NYSEARCA:IAU)

Carl Stuart Investment Advisor Inc. lifted its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 0.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 627,101 shares of the exchange traded fund’s stock after purchasing an additional 4,345 shares during the quarter. iShares Gold Trust comprises approximately 19.7% of Carl Stuart Investment Advisor Inc.’s holdings, making the stock its 2nd largest position. Carl Stuart Investment Advisor Inc. owned 0.10% of iShares Gold Trust worth $31,167,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Private Ocean LLC purchased a new position in iShares Gold Trust in the 1st quarter worth approximately $29,000. Global Trust Asset Management LLC raised its holdings in iShares Gold Trust by 250.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 500 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new position in iShares Gold Trust in the 2nd quarter worth approximately $31,000. Opal Wealth Advisors LLC purchased a new position in iShares Gold Trust in the 2nd quarter worth approximately $34,000. Finally, Pacifica Partners Inc. purchased a new position in iShares Gold Trust in the 2nd quarter worth approximately $35,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

NYSEARCA IAU traded up $0.34 during mid-day trading on Thursday, reaching $50.87. The stock had a trading volume of 3,377,126 shares, compared to its average volume of 5,945,119. iShares Gold Trust has a 1 year low of $36.57 and a 1 year high of $50.92. The company has a fifty day moving average price of $48.38 and a 200 day moving average price of $45.87.

iShares Gold Trust Profile

(Free Report)

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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