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

GFS Advisors LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 2,606.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 156,560 shares of the exchange traded fund’s stock after acquiring an additional 150,776 shares during the quarter. iShares Gold Trust comprises 1.7% of GFS Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. GFS Advisors LLC’s holdings in iShares Gold Trust were worth $7,781,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Norden Group LLC acquired a new stake in shares of iShares Gold Trust during the first quarter worth $555,000. Mission Wealth Management LP acquired a new stake in shares of iShares Gold Trust in the 1st quarter worth $453,000. Bryn Mawr Capital Management LLC boosted its holdings in shares of iShares Gold Trust by 33.8% in the first quarter. Bryn Mawr Capital Management LLC now owns 20,293 shares of the exchange traded fund’s stock valued at $853,000 after acquiring an additional 5,130 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of iShares Gold Trust by 4.0% during the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 13,332 shares of the exchange traded fund’s stock worth $560,000 after acquiring an additional 515 shares during the period. Finally, Whittier Trust Co. raised its holdings in iShares Gold Trust by 0.9% during the first quarter. Whittier Trust Co. now owns 75,735 shares of the exchange traded fund’s stock worth $3,181,000 after purchasing an additional 678 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $51.62 on Friday. The company has a 50-day moving average price of $49.56 and a 200 day moving average price of $46.52. iShares Gold Trust has a 52 week low of $36.57 and a 52 week high of $52.69.

About iShares Gold Trust

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.