Main Street Financial Solutions LLC Buys 6,190 Shares of iShares Gold Trust (NYSEARCA:IAU)

Main Street Financial Solutions LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 25.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,914 shares of the exchange traded fund’s stock after acquiring an additional 6,190 shares during the quarter. Main Street Financial Solutions LLC’s holdings in iShares Gold Trust were worth $1,358,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN grew its holdings in iShares Gold Trust by 4.2% during the 4th quarter. Wells Fargo & Company MN now owns 11,592,328 shares of the exchange traded fund’s stock worth $452,449,000 after acquiring an additional 463,281 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in iShares Gold Trust by 6.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,039,451 shares of the exchange traded fund’s stock worth $133,523,000 after acquiring an additional 178,898 shares during the last quarter. Equitable Trust Co. lifted its position in iShares Gold Trust by 5.0% during the 1st quarter. Equitable Trust Co. now owns 2,694,867 shares of the exchange traded fund’s stock valued at $113,211,000 after purchasing an additional 127,828 shares during the period. GM Advisory Group LLC lifted its position in iShares Gold Trust by 1.7% during the 4th quarter. GM Advisory Group LLC now owns 2,166,673 shares of the exchange traded fund’s stock valued at $84,565,000 after purchasing an additional 36,696 shares during the period. Finally, Proficio Capital Partners LLC lifted its position in iShares Gold Trust by 2.1% during the 2nd quarter. Proficio Capital Partners LLC now owns 2,144,328 shares of the exchange traded fund’s stock valued at $94,200,000 after purchasing an additional 44,515 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $48.31 on Friday. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $48.33. The company’s 50-day moving average is $46.34 and its two-hundred day moving average is $44.31.

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.