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Avantax boosts gold holdings by over 105%, investing $18.67 million in iShares Gold Trust.
Investment firm Avantax Advisory Services Inc. significantly boosted its holdings in the iShares Gold Trust (IAU) by 105.1% in the first quarter, adding 162,279 shares to its portfolio, totaling $18,674,000.
Meanwhile, Assetmark Inc. also increased its IAU holdings, while Integrated Investment Consultants LLC reduced its position in SPDR Gold Shares (GLD).
IAU, which has a market cap of $47.85 billion, opened at $62.91.
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Avantax aumenta las tenencias de oro en más del 105%, invirtiendo $18.67 millones en iShares Gold Trust.