High Falls Advisors Inc Purchases 41,020 Shares of iShares Gold Trust $IAU

High Falls Advisors Inc increased its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 48.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 124,977 shares of the exchange traded fund’s stock after purchasing an additional 41,020 shares during the quarter. iShares Gold Trust makes up about 1.9% of High Falls Advisors Inc’s holdings, making the stock its 17th biggest position. High Falls Advisors Inc’s holdings in iShares Gold Trust were worth $9,095,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. MTM Investment Management LLC purchased a new stake in shares of iShares Gold Trust during the second quarter valued at approximately $25,000. Abich Financial Wealth Management LLC bought a new position in iShares Gold Trust in the 3rd quarter valued at $25,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of iShares Gold Trust during the 3rd quarter valued at $29,000. Traub Capital Management LLC bought a new stake in shares of iShares Gold Trust during the 2nd quarter worth $31,000. Finally, Fourth Dimension Wealth LLC boosted its holdings in shares of iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 349 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $94.38 on Monday. The company has a market capitalization of $79.69 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $55.78 and a 52-week high of $104.40. The company has a 50-day simple moving average of $93.05 and a 200 day simple moving average of $81.93.

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

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