Moors & Cabot Inc. Boosts Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Moors & Cabot Inc. increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 13.2% during the third quarter, Holdings Channel.com reports. The firm owned 20,641 shares of the exchange traded fund’s stock after buying an additional 2,399 shares during the period. Moors & Cabot Inc.’s holdings in iShares Gold Trust were worth $1,026,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its holdings in shares of iShares Gold Trust by 15.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after acquiring an additional 479,796 shares during the period. International Assets Investment Management LLC raised its holdings in iShares Gold Trust by 4,843.7% in the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after purchasing an additional 229,303 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its position in shares of iShares Gold Trust by 2.1% during the second quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock valued at $8,992,000 after buying an additional 4,189 shares during the last quarter. Prospera Financial Services Inc boosted its holdings in shares of iShares Gold Trust by 18.7% in the 3rd quarter. Prospera Financial Services Inc now owns 44,531 shares of the exchange traded fund’s stock valued at $2,213,000 after buying an additional 7,001 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of iShares Gold Trust by 66.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,460,596 shares of the exchange traded fund’s stock worth $64,164,000 after buying an additional 581,671 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $50.44 on Friday. The firm has a 50 day moving average of $50.26 and a 200 day moving average of $47.07. iShares Gold Trust has a 52 week low of $37.40 and a 52 week high of $52.69.

iShares Gold Trust Company 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.