Pure Portfolios Holdings LLC Takes Position in iShares Gold Trust (NYSEARCA:IAU)

Pure Portfolios Holdings LLC acquired a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,400 shares of the exchange traded fund’s stock, valued at approximately $616,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Private Ocean LLC purchased a new position in shares of iShares Gold Trust in the 1st quarter worth $29,000. Global Trust Asset Management LLC boosted its position in iShares Gold Trust by 250.0% in the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 500 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new position in iShares Gold Trust in the second quarter worth about $31,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares Gold Trust during the 2nd quarter valued at about $34,000. Finally, Pacifica Partners Inc. purchased a new stake in shares of iShares Gold Trust during the 2nd quarter valued at about $35,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.0 %

Shares of NYSEARCA:IAU opened at $51.37 on Friday. The firm’s 50 day moving average price is $48.59 and its 200-day moving average price is $45.99. iShares Gold Trust has a twelve month low of $36.57 and a twelve month high of $51.41.

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.