Atria Wealth Solutions Inc. lessened its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 56.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 199,582 shares of the exchange traded fund’s stock after selling 263,452 shares during the period. Atria Wealth Solutions Inc.’s holdings in iShares Gold Trust were worth $12,450,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. Keener Financial Planning LLC bought a new position in iShares Gold Trust in the second quarter valued at about $25,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares Gold Trust during the 1st quarter worth approximately $27,000. BankPlus Trust Department acquired a new position in iShares Gold Trust in the first quarter valued at approximately $27,000. Dunhill Financial LLC boosted its stake in iShares Gold Trust by 86.6% in the first quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 219 shares during the last quarter. Finally, Garrison Bradford & Associates Inc. acquired a new stake in iShares Gold Trust during the 1st quarter worth $29,000. 59.67% of the stock is currently owned by institutional investors.
iShares Gold Trust Stock Up 1.0%
Shares of iShares Gold Trust stock opened at $75.58 on Monday. The business has a fifty day simple moving average of $67.72 and a 200 day simple moving average of $64.06. The stock has a market cap of $62.47 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 $76.49.
iShares Gold Trust 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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