iShares Gold Trust $IAU Shares Bought by Trivium Point Advisory LLC

Trivium Point Advisory LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 11.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,850 shares of the exchange traded fund’s stock after buying an additional 1,156 shares during the quarter. Trivium Point Advisory LLC’s holdings in iShares Gold Trust were worth $677,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in iShares Gold Trust by 17.6% during the first quarter. GAMMA Investing LLC now owns 1,635 shares of the exchange traded fund’s stock worth $96,000 after buying an additional 245 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares Gold Trust in the first quarter valued at approximately $267,000. Kingswood Wealth Advisors LLC grew its position in shares of iShares Gold Trust by 192.1% in the first quarter. Kingswood Wealth Advisors LLC now owns 90,783 shares of the exchange traded fund’s stock valued at $5,344,000 after purchasing an additional 59,706 shares during the last quarter. Summit Financial LLC grew its position in shares of iShares Gold Trust by 232.6% in the first quarter. Summit Financial LLC now owns 279,758 shares of the exchange traded fund’s stock valued at $16,495,000 after purchasing an additional 195,640 shares during the last quarter. Finally, TBH Global Asset Management LLC acquired a new stake in shares of iShares Gold Trust in the first quarter valued at approximately $5,713,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

IAU stock opened at $72.77 on Wednesday. The company’s 50 day simple moving average is $65.87 and its 200-day simple moving average is $63.06. The firm has a market capitalization of $55.75 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12 month low of $48.29 and a 12 month high of $72.79.

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.