BlackRock Inc. increased its stake in iShares Gold Trust(ETF) (NYSEARCA:IAU) by 22.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,171,550 shares of the exchange traded fund’s stock after acquiring an additional 8,299,924 shares during the period. BlackRock Inc.’s holdings in iShares Gold Trust(ETF) were worth $539,348,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hanson McClain Inc. grew its position in iShares Gold Trust(ETF) by 38.0% in the second quarter. Hanson McClain Inc. now owns 8,654 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 2,382 shares in the last quarter. BDO Wealth Advisors LLC purchased a new position in iShares Gold Trust(ETF) in the second quarter worth about $116,000. Pinnacle Associates Ltd. purchased a new position in iShares Gold Trust(ETF) in the second quarter worth about $122,000. Courage Miller Partners LLC purchased a new position in iShares Gold Trust(ETF) in the second quarter worth about $123,000. Finally, Allegis Investment Advisors LLC purchased a new position in iShares Gold Trust(ETF) in the second quarter worth about $127,000.

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Shares of iShares Gold Trus (IAU) opened at 12.47 on Friday. The firm has a 50-day moving average of $12.49 and a 200 day moving average of $12.13. iShares Gold Trus has a 52 week low of $10.81 and a 52 week high of $12.98.

iShares Gold Trust(ETF) 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.

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Institutional Ownership by Quarter for iShares Gold Trust(ETF) (NYSEARCA:IAU)

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