Ellis Investment Partners LLC raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 90.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,694 shares of the exchange traded fund’s stock after buying an additional 6,034 shares during the period. Ellis Investment Partners LLC’s holdings in iShares Gold Trust were worth $179,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Lenox Wealth Advisors LLC raised its stake in iShares Gold Trust by 7.0% during the 3rd quarter. Lenox Wealth Advisors LLC now owns 11,318 shares of the exchange traded fund’s stock valued at $160,000 after buying an additional 738 shares during the last quarter. Freestone Capital Holdings LLC raised its stake in iShares Gold Trust by 7.7% during the 2nd quarter. Freestone Capital Holdings LLC now owns 11,136 shares of the exchange traded fund’s stock valued at $150,000 after buying an additional 798 shares during the last quarter. Bigelow Investment Advisors LLC increased its stake in shares of iShares Gold Trust by 2.3% in the 2nd quarter. Bigelow Investment Advisors LLC now owns 35,460 shares of the exchange traded fund’s stock worth $479,000 after purchasing an additional 809 shares in the last quarter. Pinnacle Associates Ltd. increased its stake in shares of iShares Gold Trust by 8.1% in the 2nd quarter. Pinnacle Associates Ltd. now owns 11,276 shares of the exchange traded fund’s stock worth $152,000 after purchasing an additional 842 shares in the last quarter. Finally, Whitener Capital Management Inc. increased its stake in shares of iShares Gold Trust by 1.6% in the 2nd quarter. Whitener Capital Management Inc. now owns 57,143 shares of the exchange traded fund’s stock worth $771,000 after purchasing an additional 875 shares in the last quarter.

Shares of NYSEARCA:IAU traded down $0.11 during midday trading on Thursday, hitting $14.31. The company had a trading volume of 3,686 shares, compared to its average volume of 18,490,969. iShares Gold Trust has a 12-month low of $11.37 and a 12-month high of $14.90. The company has a fifty day moving average of $14.44 and a two-hundred day moving average of $13.33.

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.

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

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