iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,182,410 shares of the exchange traded fund’s stock after buying an additional 110,384 shares during the quarter. Captrust Financial Advisors owned approximately 0.34% of iShares Gold Trust worth $108,468,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Truist Financial Corp grew its holdings in iShares Gold Trust by 118.9% in the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock valued at $108,303,000 after purchasing an additional 1,339,100 shares during the period. Hsbc Holdings PLC grew its stake in iShares Gold Trust by 713.8% during the second quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock worth $33,339,000 after buying an additional 665,653 shares during the period. Sanctuary Advisors LLC purchased a new stake in iShares Gold Trust during the second quarter worth approximately $26,134,000. Cetera Investment Advisers grew its stake in iShares Gold Trust by 545.9% during the first quarter. Cetera Investment Advisers now owns 694,118 shares of the exchange traded fund’s stock worth $29,160,000 after buying an additional 586,652 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in iShares Gold Trust by 66.2% during the second quarter. Bank of New York Mellon Corp now owns 1,460,596 shares of the exchange traded fund’s stock worth $64,164,000 after buying an additional 581,671 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $49.78 on Friday. The company’s fifty day simple moving average is $50.39 and its 200-day simple moving average is $47.27. iShares Gold Trust has a 52 week low of $37.40 and a 52 week high of $52.69.

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.