iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by TPG Advisors LLC

TPG Advisors LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,826 shares of the exchange traded fund’s stock after purchasing an additional 319 shares during the quarter. iShares Gold Trust makes up about 1.1% of TPG Advisors LLC’s holdings, making the stock its 26th largest position. TPG Advisors LLC’s holdings in iShares Gold Trust were worth $1,383,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Global Trust Asset Management LLC boosted its stake in iShares Gold Trust by 250.0% during the 2nd 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 period. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Gold Trust during the second quarter worth about $31,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares Gold Trust during the second quarter worth about $34,000. Pacifica Partners Inc. acquired a new position in iShares Gold Trust in the 2nd quarter valued at about $35,000. Finally, Chris Bulman Inc purchased a new stake in iShares Gold Trust during the 2nd quarter valued at approximately $43,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.5 %

Shares of IAU stock traded up $0.26 during midday trading on Friday, hitting $52.10. The company had a trading volume of 659,024 shares, compared to its average volume of 5,917,603. The company’s 50 day simple moving average is $49.48 and its 200 day simple moving average is $46.46. iShares Gold Trust has a 52-week low of $36.57 and a 52-week high of $52.69.

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.