Harbour Investments Inc. Increases Stake in iShares Gold Trust (NYSEARCA:IAU)

Harbour Investments Inc. increased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 7.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,600 shares of the exchange traded fund’s stock after acquiring an additional 3,053 shares during the quarter. Harbour Investments Inc.’s holdings in iShares Gold Trust were worth $2,316,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IAU. Nations Financial Group Inc. IA ADV raised its holdings in shares of iShares Gold Trust by 21.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 21,013 shares of the exchange traded fund’s stock valued at $1,044,000 after purchasing an additional 3,667 shares in the last quarter. Beam Wealth Advisors Inc. raised its stake in iShares Gold Trust by 25.4% in the third quarter. Beam Wealth Advisors Inc. now owns 16,178 shares of the exchange traded fund’s stock worth $804,000 after buying an additional 3,274 shares in the last quarter. Patten & Patten Inc. TN lifted its holdings in iShares Gold Trust by 5.9% during the third quarter. Patten & Patten Inc. TN now owns 9,545 shares of the exchange traded fund’s stock worth $474,000 after buying an additional 532 shares during the period. Ashton Thomas Securities LLC bought a new stake in iShares Gold Trust during the 3rd quarter valued at $165,000. Finally, Tyler Stone Wealth Management increased its holdings in shares of iShares Gold Trust by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 9,009 shares of the exchange traded fund’s stock valued at $448,000 after acquiring an additional 4,504 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Price Performance

IAU opened at $48.59 on Thursday. iShares Gold Trust has a 12 month low of $37.02 and a 12 month high of $52.69. The stock has a fifty day moving average price of $50.01 and a 200-day moving average price of $46.84.

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.