Global Trust Asset Management LLC Purchases 500 Shares of iShares Gold Trust (NYSEARCA:IAU)

Global Trust Asset Management LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 71.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,200 shares of the exchange traded fund’s stock after purchasing an additional 500 shares during the period. Global Trust Asset Management LLC’s holdings in iShares Gold Trust were worth $60,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. WealthNavi Inc. grew its position in iShares Gold Trust by 4.2% in the 3rd quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after purchasing an additional 233,999 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Gold Trust by 15.8% during the 2nd 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 during the period. Commonwealth Equity Services LLC grew its position in shares of iShares Gold Trust by 0.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,062,509 shares of the exchange traded fund’s stock valued at $152,207,000 after acquiring an additional 23,058 shares during the period. Truist Financial Corp grew its position in shares of iShares Gold Trust by 118.9% during the 2nd quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock valued at $108,303,000 after acquiring an additional 1,339,100 shares during the period. Finally, Proficio Capital Partners LLC grew its position in shares of iShares Gold Trust by 2.1% during the 2nd quarter. Proficio Capital Partners LLC now owns 2,144,328 shares of the exchange traded fund’s stock valued at $94,200,000 after acquiring an additional 44,515 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $51.80 on Friday. iShares Gold Trust has a twelve month low of $36.57 and a twelve month high of $51.92. The firm has a 50 day moving average price of $49.09 and a 200-day moving average price of $46.25.

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.