iShares Gold Trust $IAU Shares Acquired by White Lighthouse Investment Management Inc.

White Lighthouse Investment Management Inc. raised its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 5.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 206,769 shares of the exchange traded fund’s stock after acquiring an additional 10,704 shares during the quarter. iShares Gold Trust makes up 2.0% of White Lighthouse Investment Management Inc.’s holdings, making the stock its 12th biggest position. White Lighthouse Investment Management Inc.’s holdings in iShares Gold Trust were worth $16,149,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares Gold Trust during the 1st quarter valued at approximately $26,000. Fairway Wealth LLC raised its holdings in shares of iShares Gold Trust by 525.0% in the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 252 shares during the period. Longview Financial Advisors Inc. bought a new stake in shares of iShares Gold Trust in the 1st quarter worth approximately $29,000. Harborfront Financial Group LLC bought a new stake in shares of iShares Gold Trust in the 2nd quarter worth approximately $28,000. Finally, Dunhill Financial LLC lifted its stake in iShares Gold Trust by 72.9% in the second quarter. Dunhill Financial LLC now owns 377 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 159 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust News Summary

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Trading Up 0.3%

iShares Gold Trust stock opened at $77.71 on Thursday. The business’s 50 day simple moving average is $81.17 and its 200 day simple moving average is $81.88. iShares Gold Trust has a 12 month low of $73.74 and a 12 month high of $104.40. The company has a market cap of $61.28 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18.

iShares Gold Trust Company Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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