iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Financial Management Network Inc.

Financial Management Network Inc. increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,672 shares of the exchange traded fund’s stock after acquiring an additional 2,914 shares during the quarter. Financial Management Network Inc.’s holdings in iShares Gold Trust were worth $3,489,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ballentine Partners LLC lifted its stake in iShares Gold Trust by 0.7% in the 3rd quarter. Ballentine Partners LLC now owns 140,414 shares of the exchange traded fund’s stock worth $6,979,000 after purchasing an additional 964 shares in the last quarter. Silver Oak Securities Incorporated grew its position in shares of iShares Gold Trust by 182.3% in the third quarter. Silver Oak Securities Incorporated now owns 40,987 shares of the exchange traded fund’s stock valued at $2,053,000 after purchasing an additional 26,469 shares in the last quarter. Bull Oak Capital LLC acquired a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $79,000. Dakota Wealth Management lifted its position in iShares Gold Trust by 1.8% during the third quarter. Dakota Wealth Management now owns 321,540 shares of the exchange traded fund’s stock worth $15,981,000 after buying an additional 5,623 shares in the last quarter. Finally, Values First Advisors Inc. acquired a new position in iShares Gold Trust during the third quarter worth $98,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 0.1 %

NYSEARCA:IAU traded down $0.06 during trading hours on Friday, hitting $51.62. The company had a trading volume of 518,129 shares, compared to its average volume of 5,910,348. iShares Gold Trust has a 1 year low of $36.57 and a 1 year high of $51.92. The company has a 50-day moving average of $48.90 and a 200 day moving average of $46.16.

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.