Farther Finance Advisors LLC Acquires 1,678 Shares of iShares Gold Trust (NYSEARCA:IAU)

Farther Finance Advisors LLC increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,957 shares of the exchange traded fund’s stock after acquiring an additional 1,678 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Gold Trust were worth $1,340,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of IAU. Global Trust Asset Management LLC grew its position in shares of iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in iShares Gold Trust during the 2nd quarter worth $31,000. Opal Wealth Advisors LLC bought a new position in iShares Gold Trust during the 2nd quarter worth $34,000. Pacifica Partners Inc. acquired a new position in iShares Gold Trust in the 2nd quarter valued at $35,000. Finally, Chris Bulman Inc bought a new stake in shares of iShares Gold Trust during the 2nd quarter valued at $43,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

IAU opened at $51.62 on Monday. The business’s fifty day moving average is $49.56 and its 200-day moving average is $46.53. iShares Gold Trust has a 52-week low of $36.57 and a 52-week 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.