PNC Financial Services Group Inc. lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 950,390 shares of the exchange traded fund’s stock after buying an additional 24,557 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Gold Trust were worth $47,234,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC purchased a new position in shares of iShares Gold Trust in the 1st quarter valued at approximately $840,000. CreativeOne Wealth LLC grew its position in iShares Gold Trust by 28.1% in the 1st quarter. CreativeOne Wealth LLC now owns 28,969 shares of the exchange traded fund’s stock valued at $1,217,000 after buying an additional 6,356 shares during the last quarter. Freestone Capital Holdings LLC increased its stake in iShares Gold Trust by 5.4% in the 1st quarter. Freestone Capital Holdings LLC now owns 26,754 shares of the exchange traded fund’s stock valued at $1,124,000 after buying an additional 1,372 shares during the period. EP Wealth Advisors LLC raised its position in iShares Gold Trust by 1.4% during the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after buying an additional 262 shares during the last quarter. Finally, Westwood Holdings Group Inc. acquired a new stake in shares of iShares Gold Trust in the 1st quarter worth $201,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 0.6 %
Shares of iShares Gold Trust stock opened at $50.02 on Thursday. iShares Gold Trust has a 52-week low of $37.40 and a 52-week high of $52.69. The company’s 50-day simple moving average is $50.16 and its 200-day simple moving average is $47.02.
iShares Gold Trust Company 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.
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