iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co increased its position in iShares Gold Trust (NYSEARCA:IAU) by 14.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,746 shares of the exchange traded fund’s stock after purchasing an additional 1,759 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in iShares Gold Trust were worth $683,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Truist Financial Corp boosted 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 acquiring an additional 1,339,100 shares during the last quarter. 1832 Asset Management L.P. bought a new stake in shares of iShares Gold Trust during the 1st quarter valued at about $30,021,000. Hsbc Holdings PLC raised 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 acquiring an additional 665,653 shares during the period. Sanctuary Advisors LLC acquired a new stake in iShares Gold Trust during the second quarter worth about $26,134,000. Finally, Cetera Investment Advisers lifted its holdings in iShares Gold Trust by 545.9% in the first quarter. Cetera Investment Advisers now owns 694,118 shares of the exchange traded fund’s stock worth $29,160,000 after acquiring an additional 586,652 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.9 %

IAU stock opened at $49.29 on Tuesday. The stock’s fifty day moving average is $50.12 and its two-hundred day moving average is $46.98. iShares Gold Trust has a 1 year low of $37.21 and a 1 year 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.