D.A. Davidson & CO. increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 39.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,294 shares of the exchange traded fund’s stock after acquiring an additional 7,939 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares Gold Trust were worth $323,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IAU. Morgan Stanley grew its position in iShares Gold Trust by 1.0% during the second quarter. Morgan Stanley now owns 14,828,426 shares of the exchange traded fund’s stock valued at $178,238,000 after purchasing an additional 148,424 shares in the last quarter. Rockland Trust Co. grew its position in iShares Gold Trust by 11.2% during the third quarter. Rockland Trust Co. now owns 150,983 shares of the exchange traded fund’s stock valued at $1,726,000 after purchasing an additional 15,217 shares in the last quarter. Confluence Investment Management LLC grew its position in iShares Gold Trust by 4.4% during the third quarter. Confluence Investment Management LLC now owns 447,326 shares of the exchange traded fund’s stock valued at $5,113,000 after purchasing an additional 18,784 shares in the last quarter. Iberiabank Corp grew its position in iShares Gold Trust by 52.5% during the third quarter. Iberiabank Corp now owns 165,971 shares of the exchange traded fund’s stock valued at $1,897,000 after purchasing an additional 57,104 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp grew its position in iShares Gold Trust by 0.3% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,545,210 shares of the exchange traded fund’s stock valued at $17,662,000 after purchasing an additional 5,350 shares in the last quarter.

Shares of IAU opened at $11.86 on Friday. iShares Gold Trust has a 52 week low of $11.25 and a 52 week high of $13.11.

ILLEGAL ACTIVITY WARNING: “iShares Gold Trust (IAU) Stake Raised by D.A. Davidson & CO.” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2018/12/07/ishares-gold-trust-iau-stake-raised-by-d-a-davidson-co.html.

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.

See Also: Purposes and Functions of the Federal Reserve

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

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.