iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC increased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209,426 shares of the exchange traded fund’s stock after acquiring an additional 4,733 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Gold Trust were worth $10,408,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IAU. Global Trust Asset Management LLC increased its holdings in shares of iShares Gold Trust by 250.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 500 shares during the period. 1620 Investment Advisors Inc. purchased a new position in iShares Gold Trust in the second quarter worth $31,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Gold Trust during the 2nd quarter worth $34,000. Pacifica Partners Inc. acquired a new position in shares of iShares Gold Trust during the 2nd quarter worth $35,000. Finally, Chris Bulman Inc acquired a new position in shares of iShares Gold Trust during the 2nd quarter worth $43,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.4 %

Shares of NYSEARCA IAU traded down $0.20 during midday trading on Tuesday, hitting $49.31. The company had a trading volume of 654,627 shares, compared to its average volume of 6,021,979. The business has a 50-day simple moving average of $49.97 and a two-hundred day simple moving average of $46.80. iShares Gold Trust has a twelve month low of $36.57 and a twelve month 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.