iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 64.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,862 shares of the exchange traded fund’s stock after buying an additional 1,507 shares during the period. JFS Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WealthNavi Inc. raised its holdings in shares of iShares Gold Trust by 4.2% in the third quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after buying an additional 233,999 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Gold Trust by 15.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock worth $154,577,000 after acquiring an additional 479,796 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in iShares Gold Trust by 0.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,062,509 shares of the exchange traded fund’s stock worth $152,207,000 after acquiring an additional 23,058 shares during the period. Truist Financial Corp grew its stake in iShares Gold Trust by 118.9% during the 2nd 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 last quarter. Finally, Proficio Capital Partners LLC increased its holdings in shares of iShares Gold Trust by 2.1% in the second quarter. Proficio Capital Partners LLC now owns 2,144,328 shares of the exchange traded fund’s stock valued at $94,200,000 after purchasing an additional 44,515 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $51.84 on Friday. The business has a 50-day moving average price of $49.48 and a 200-day moving average price of $46.46. iShares Gold Trust has a 52-week low of $36.57 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.