World Investment Advisors LLC Buys 17,950 Shares of iShares Gold Trust (NYSEARCA:IAU)

World Investment Advisors LLC raised its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 114.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,665 shares of the exchange traded fund’s stock after acquiring an additional 17,950 shares during the period. World Investment Advisors LLC’s holdings in iShares Gold Trust were worth $1,798,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in IAU. Quadrature Capital Ltd purchased a new stake in shares of iShares Gold Trust during the third quarter valued at $95,801,000. Truist Financial Corp boosted its position in iShares Gold Trust by 118.9% in 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 buying an additional 1,339,100 shares during the period. Kovitz Investment Group Partners LLC boosted its position in iShares Gold Trust by 10,279.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after buying an additional 666,330 shares during the period. Hsbc Holdings PLC grew its stake in iShares Gold Trust by 713.8% in the 2nd 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 in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares Gold Trust during the second quarter worth approximately $26,134,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 1.2 %

iShares Gold Trust stock opened at $49.98 on Friday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The company has a 50 day moving average price of $50.42 and a 200-day moving average price of $47.70.

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.