Lakeview Capital Partners LLC Buys Shares of 20,392 iShares Gold Trust (NYSEARCA:IAU)

Lakeview Capital Partners LLC bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) in the third quarter, HoldingsChannel reports. The institutional investor bought 20,392 shares of the exchange traded fund’s stock, valued at approximately $288,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC lifted its holdings in shares of iShares Gold Trust by 610.0% in the 1st quarter. FMR LLC now owns 1,752,477 shares of the exchange traded fund’s stock valued at $21,695,000 after buying an additional 1,505,643 shares during the period. Baystate Wealth Management LLC purchased a new stake in shares of iShares Gold Trust in the 2nd quarter valued at approximately $102,000. Silverleafe Capital Partners LLC lifted its position in shares of iShares Gold Trust by 6.4% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 78,507 shares of the exchange traded fund’s stock valued at $1,060,000 after acquiring an additional 4,705 shares in the last quarter. Filament LLC lifted its position in shares of iShares Gold Trust by 1.4% in the 2nd quarter. Filament LLC now owns 126,128 shares of the exchange traded fund’s stock valued at $1,702,000 after acquiring an additional 1,748 shares in the last quarter. Finally, Montecito Bank & Trust lifted its position in shares of iShares Gold Trust by 49.3% in the 2nd quarter. Montecito Bank & Trust now owns 65,544 shares of the exchange traded fund’s stock valued at $885,000 after acquiring an additional 21,653 shares in the last quarter.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Shares of NYSEARCA:IAU traded down $0.08 during mid-day trading on Friday, hitting $13.95. The stock had a trading volume of 14,964,485 shares, compared to its average volume of 18,158,650. iShares Gold Trust has a 12-month low of $11.49 and a 12-month high of $14.90. The company’s 50 day moving average is $14.32 and its 200-day moving average is $13.61.

iShares Gold Trust Company 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.

Read More: What are the most popular ETFs

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

Leave a Reply

Your email address will not be published. Required fields are marked *

*