Lynx Investment Advisory Acquires 378 Shares of iShares Gold Trust $IAU

Lynx Investment Advisory increased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 0.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,267 shares of the exchange traded fund’s stock after purchasing an additional 378 shares during the quarter. iShares Gold Trust makes up approximately 2.1% of Lynx Investment Advisory’s holdings, making the stock its 14th largest holding. Lynx Investment Advisory’s holdings in iShares Gold Trust were worth $3,197,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Truist Financial Corp boosted its position in iShares Gold Trust by 14.4% during the 2nd quarter. Truist Financial Corp now owns 5,490,435 shares of the exchange traded fund’s stock valued at $342,384,000 after acquiring an additional 692,844 shares in the last quarter. BCU Wealth Advisors LLC boosted its position in iShares Gold Trust by 8.9% during the 2nd quarter. BCU Wealth Advisors LLC now owns 4,094 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 333 shares in the last quarter. WealthNavi Inc. boosted its position in iShares Gold Trust by 8.6% during the 2nd quarter. WealthNavi Inc. now owns 6,571,130 shares of the exchange traded fund’s stock valued at $409,776,000 after acquiring an additional 521,530 shares in the last quarter. First United Bank & Trust boosted its position in iShares Gold Trust by 12.6% during the 2nd quarter. First United Bank & Trust now owns 2,142 shares of the exchange traded fund’s stock valued at $134,000 after acquiring an additional 240 shares in the last quarter. Finally, Trivium Point Advisory LLC boosted its position in iShares Gold Trust by 11.9% during the 2nd quarter. Trivium Point Advisory LLC now owns 10,850 shares of the exchange traded fund’s stock valued at $677,000 after acquiring an additional 1,156 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $72.77 on Wednesday. The stock’s 50 day simple moving average is $65.87 and its two-hundred day simple moving average is $63.06. The stock has a market cap of $55.75 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a fifty-two week low of $48.29 and a fifty-two week 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.