Stephens Inc. AR Acquires 98,810 Shares of iShares Gold Trust (NYSEARCA:IAU)

Stephens Inc. AR raised its holdings in iShares Gold Trust (NYSEARCA:IAU) by 5.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,038,940 shares of the exchange traded fund’s stock after buying an additional 98,810 shares during the quarter. iShares Gold Trust comprises 0.6% of Stephens Inc. AR’s investment portfolio, making the stock its 22nd largest position. Stephens Inc. AR’s holdings in iShares Gold Trust were worth $27,526,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Coastal Investment Advisors Inc. boosted its position in shares of iShares Gold Trust by 106.4% during the second quarter. Coastal Investment Advisors Inc. now owns 77,584 shares of the exchange traded fund’s stock valued at $1,050,000 after purchasing an additional 39,991 shares in the last quarter. TD Asset Management Inc. boosted its position in shares of iShares Gold Trust by 1.7% during the second quarter. TD Asset Management Inc. now owns 569,125 shares of the exchange traded fund’s stock valued at $7,205,000 after purchasing an additional 9,594 shares in the last quarter. Keybank National Association OH boosted its position in shares of iShares Gold Trust by 20.8% during the second quarter. Keybank National Association OH now owns 247,580 shares of the exchange traded fund’s stock valued at $3,342,000 after purchasing an additional 42,551 shares in the last quarter. Merriman Wealth Management LLC boosted its position in shares of iShares Gold Trust by 47.3% during the second quarter. Merriman Wealth Management LLC now owns 38,457 shares of the exchange traded fund’s stock valued at $510,000 after purchasing an additional 12,357 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS bought a new stake in shares of iShares Gold Trust during the second quarter valued at approximately $477,000.

Shares of NYSEARCA IAU traded up $0.15 during mid-day trading on Wednesday, hitting $14.53. 607,341 shares of the stock traded hands, compared to its average volume of 16,768,045. iShares Gold Trust has a 52 week low of $11.25 and a 52 week high of $14.55. The stock has a fifty day moving average of $13.68.

iShares Gold Trust 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 (NYSEARCA:IAU)

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