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flag Hedge funds and institutions boosted their gold holdings, increasing their share in iShares Gold Trust to nearly 60%.

flag IHT Wealth Management LLC and several other hedge funds increased their holdings in iShares Gold Trust (IAU) by up to 31.9% in the third quarter, with institutional investors now owning 59.67% of the stock. flag Quadrature Capital Ltd also invested in the iShares Gold Trust Micro (IAUM), buying 435,344 shares. flag The IAU stock opened at $50.04 on Thursday, with a 1-year high of $52.69 and a low of $37.40.

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