Bay Colony Advisory Group Inc d b a Bay Colony Advisors Acquires 1,936 Shares of iShares Gold Trust (NYSEARCA:IAU)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 4.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,414 shares of the exchange traded fund’s stock after purchasing an additional 1,936 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares Gold Trust were worth $2,158,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of iShares Gold Trust by 8.0% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 24,619 shares of the exchange traded fund’s stock valued at $1,034,000 after acquiring an additional 1,830 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of iShares Gold Trust by 5.9% during 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. increased its holdings in shares of iShares Gold Trust by 13.0% during the first quarter. Geneos Wealth Management Inc. now owns 3,446 shares of the exchange traded fund’s stock valued at $145,000 after acquiring an additional 396 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Gold Trust by 15.8% during the second quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after acquiring an additional 479,796 shares in the last quarter. Finally, Whittier Trust Co. increased its holdings in shares of iShares Gold Trust by 0.9% during the first quarter. Whittier Trust Co. now owns 75,735 shares of the exchange traded fund’s stock valued at $3,181,000 after acquiring an additional 678 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Down 0.0 %

Shares of NYSEARCA IAU traded down $0.02 during midday trading on Monday, hitting $51.78. 345,668 shares of the stock traded hands, compared to its average volume of 5,895,051. iShares Gold Trust has a one year low of $36.57 and a one year high of $51.92. The business has a 50 day moving average price of $49.09 and a two-hundred day moving average price of $46.28.

iShares Gold Trust 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.