Independent Advisor Alliance increased its stake in iShares Gold Trust(ETF) (NYSEARCA:IAU) by 14.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,254 shares of the exchange traded fund’s stock after purchasing an additional 18,837 shares during the quarter. Independent Advisor Alliance’s holdings in iShares Gold Trust(ETF) were worth $1,856,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Hanson McClain Inc. raised its position in shares of iShares Gold Trust(ETF) by 38.0% during the 2nd quarter. Hanson McClain Inc. now owns 8,654 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 2,382 shares during the period. BDO Wealth Advisors LLC bought a new stake in shares of iShares Gold Trust(ETF) during the 2nd quarter valued at $116,000. Advisory Services Network LLC raised its position in shares of iShares Gold Trust(ETF) by 1.4% during the 2nd quarter. Advisory Services Network LLC now owns 9,759 shares of the exchange traded fund’s stock valued at $117,000 after purchasing an additional 134 shares during the period. Pinnacle Associates Ltd. bought a new stake in shares of iShares Gold Trust(ETF) during the 2nd quarter valued at $122,000. Finally, Allegis Investment Advisors LLC bought a new stake in shares of iShares Gold Trust(ETF) during the 2nd quarter valued at $127,000.

Shares of iShares Gold Trus (NYSEARCA IAU) traded up $0.01 during mid-day trading on Wednesday, hitting $11.97. 7,796,700 shares of the stock traded hands, compared to its average volume of 8,361,891. iShares Gold Trus has a 12-month low of $10.81 and a 12-month high of $12.98.

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iShares Gold Trust(ETF) 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.

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

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