iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Financial Advocates Investment Management

Financial Advocates Investment Management boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 7.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 69,741 shares of the exchange traded fund’s stock after acquiring an additional 5,081 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares Gold Trust were worth $3,466,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in iShares Gold Trust by 8.0% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 24,619 shares of the exchange traded fund’s stock worth $1,034,000 after buying an additional 1,830 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in iShares Gold Trust by 5.9% during the 1st quarter. Concurrent Investment Advisors LLC now owns 7,845 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 436 shares during the last quarter. Geneos Wealth Management Inc. grew 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 worth $145,000 after buying an additional 396 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Gold Trust by 15.8% in 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 buying an additional 479,796 shares during the last quarter. Finally, Whittier Trust Co. boosted its position in 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 worth $3,181,000 after acquiring an additional 678 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Up 0.6 %

IAU stock opened at $52.65 on Thursday. The firm has a 50-day moving average of $49.38 and a two-hundred day moving average of $46.43. iShares Gold Trust has a 12 month low of $36.57 and a 12 month high of $52.69.

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.