Nomura Asset Management Co. Ltd. boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 17.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,126,000 shares of the exchange traded fund’s stock after acquiring an additional 168,500 shares during the quarter. Nomura Asset Management Co. Ltd. owned 0.08% of iShares Gold Trust worth $16,969,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Ameritas Investment Partners Inc. bought a new position in iShares Gold Trust during the first quarter worth about $25,000. Harwood Advisory Group LLC bought a new position in iShares Gold Trust during the first quarter worth about $26,000. Advisory Alpha LLC bought a new position in iShares Gold Trust during the first quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new position in iShares Gold Trust during the first quarter worth about $30,000. Finally, New England Investment & Retirement Group Inc. bought a new position in iShares Gold Trust during the first quarter worth about $30,000.
NYSEARCA:IAU traded down $0.09 during mid-day trading on Thursday, reaching $16.52. 16,209,117 shares of the company’s stock were exchanged, compared to its average volume of 26,554,408. iShares Gold Trust has a one year low of $12.66 and a one year high of $16.75. The business’s fifty day simple moving average is $16.40 and its two-hundred day simple moving average is $15.30.
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.
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