Knowledge Leaders Capital LLC grew its position in iShares Gold Trust (NYSEARCA:IAU) by 44.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,551 shares of the exchange traded fund’s stock after buying an additional 19,346 shares during the quarter. iShares Gold Trust accounts for about 0.6% of Knowledge Leaders Capital LLC’s portfolio, making the stock its 24th largest holding. Knowledge Leaders Capital LLC’s holdings in iShares Gold Trust were worth $752,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. BDO Wealth Advisors LLC grew its holdings in shares of iShares Gold Trust by 125.6% during the 1st quarter. BDO Wealth Advisors LLC now owns 9,025 shares of the exchange traded fund’s stock valued at $115,000 after purchasing an additional 5,025 shares during the last quarter. Certified Advisory Corp bought a new stake in iShares Gold Trust during the 4th quarter worth approximately $120,000. Lido Advisors LLC bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $135,000. Ahrens Investment Partners LLC bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $136,000. Finally, Fulton Bank N.A. bought a new stake in iShares Gold Trust during the 2nd quarter worth approximately $124,000.
Shares of NYSEARCA IAU opened at $11.61 on Friday. iShares Gold Trust has a 52-week low of $11.58 and a 52-week high of $13.11.
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.
Further Reading: How are Outstanding Shares Different from Authorized Shares?
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