Tsfg LLC Purchases 62,337 Shares of iShares Gold Trust (NYSEARCA:IAU)

Tsfg LLC grew its position in iShares Gold Trust (NYSEARCA:IAU) by 3,328.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 64,210 shares of the exchange traded fund’s stock after buying an additional 62,337 shares during the period. Tsfg LLC’s holdings in iShares Gold Trust were worth $3,179,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new stake in iShares Gold Trust during the 3rd quarter worth $95,801,000. Truist Financial Corp grew its stake in shares of iShares Gold Trust by 118.9% during the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after purchasing an additional 1,339,100 shares during the period. JPMorgan Chase & Co. grew its stake in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares during the period. Kovitz Investment Group Partners LLC increased its holdings in iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after purchasing an additional 666,330 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its stake in iShares Gold Trust by 713.8% in the second quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock valued at $33,339,000 after buying an additional 665,653 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock traded down $0.53 during trading on Monday, hitting $50.25. 4,419,090 shares of the company were exchanged, compared to its average volume of 5,181,565. The firm’s fifty day moving average price is $49.90 and its 200 day moving average price is $48.53. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69.

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.