People s United Financial Inc. Increases Stake in iShares Gold Trust (IAU)

People s United Financial Inc. lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 6.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,764,985 shares of the exchange traded fund’s stock after acquiring an additional 173,618 shares during the quarter. iShares Gold Trust makes up about 1.0% of People s United Financial Inc.’s holdings, making the stock its 21st largest holding. People s United Financial Inc.’s holdings in iShares Gold Trust were worth $31,603,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IAU. Lincoln National Corp grew its position in iShares Gold Trust by 4.6% during the second quarter. Lincoln National Corp now owns 99,176 shares of the exchange traded fund’s stock valued at $1,192,000 after buying an additional 4,383 shares during the period. Meridian Investment Counsel Inc. lifted its stake in shares of iShares Gold Trust by 1.8% in the second quarter. Meridian Investment Counsel Inc. now owns 256,570 shares of the exchange traded fund’s stock worth $3,084,000 after buying an additional 4,500 shares in the last quarter. Sigma Investment Counselors Inc. raised its stake in iShares Gold Trust by 1.4% during the third quarter. Sigma Investment Counselors Inc. now owns 333,089 shares of the exchange traded fund’s stock worth $3,807,000 after purchasing an additional 4,531 shares during the period. WESPAC Advisors SoCal LLC increased its position in shares of iShares Gold Trust by 16.4% during the second quarter. WESPAC Advisors SoCal LLC now owns 32,250 shares of the exchange traded fund’s stock valued at $387,000 after acquiring an additional 4,550 shares during the last quarter. Finally, Howland Capital Management LLC lifted its stake in iShares Gold Trust by 2.4% in the third quarter. Howland Capital Management LLC now owns 197,844 shares of the exchange traded fund’s stock worth $2,261,000 after acquiring an additional 4,673 shares during the last quarter.

NYSEARCA:IAU opened at $11.79 on Tuesday. iShares Gold Trust has a fifty-two week low of $11.25 and a fifty-two week high of $13.11.

WARNING: This piece was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The correct version of this piece can be read at https://www.com-unik.info/2018/12/04/people-s-united-financial-inc-increases-stake-in-ishares-gold-trust-iau.html.

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.

Featured Story: Market Capitalization and Individual Investors

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU).

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

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit