Advyzon Investment Management LLC Raises Stake in iShares Gold Trust $IAU

Advyzon Investment Management LLC increased its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 340.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 86,816 shares of the exchange traded fund’s stock after acquiring an additional 67,107 shares during the period. iShares Gold Trust comprises about 1.1% of Advyzon Investment Management LLC’s holdings, making the stock its 18th biggest position. Advyzon Investment Management LLC’s holdings in iShares Gold Trust were worth $6,318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. MTM Investment Management LLC purchased a new stake in iShares Gold Trust in the 2nd quarter worth approximately $25,000. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust during the third quarter worth $25,000. Key Financial Inc acquired a new stake in shares of iShares Gold Trust during the second quarter worth $28,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of iShares Gold Trust in the third quarter valued at $29,000. Finally, Traub Capital Management LLC acquired a new position in iShares Gold Trust in the second quarter valued at $31,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Key iShares Gold Trust News

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iShares Gold Trust Trading Up 1.9%

NYSEARCA IAU opened at $95.95 on Friday. The business’s 50-day moving average price is $88.64 and its 200 day moving average price is $78.15. iShares Gold Trust has a twelve month low of $53.44 and a twelve month high of $104.40. The company has a market capitalization of $81.02 billion, a PE ratio of 5.53 and a beta of 0.09.

iShares Gold Trust Company Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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