Csenge Advisory Group Has $2.69 Million Stock Holdings in iShares Gold Trust $IAU

Csenge Advisory Group raised its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 34.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 36,940 shares of the exchange traded fund’s stock after buying an additional 9,481 shares during the period. Csenge Advisory Group’s holdings in iShares Gold Trust were worth $2,688,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IAU. Citigroup Inc. lifted its stake in shares of iShares Gold Trust by 809.1% in the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock valued at $318,586,000 after acquiring an additional 4,546,835 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares Gold Trust by 67.5% in the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock valued at $680,947,000 after purchasing an additional 4,398,605 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of iShares Gold Trust by 2,152.7% during the second quarter. Prudential Financial Inc. now owns 3,494,106 shares of the exchange traded fund’s stock valued at $217,892,000 after purchasing an additional 3,339,000 shares in the last quarter. Packer & Co Ltd bought a new stake in shares of iShares Gold Trust during the third quarter worth about $156,463,000. Finally, PFG Advisors grew its holdings in shares of iShares Gold Trust by 4,797.3% during the second quarter. PFG Advisors now owns 1,432,369 shares of the exchange traded fund’s stock worth $89,323,000 after purchasing an additional 1,403,121 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $86.27 on Friday. The company has a 50 day simple moving average of $81.04 and a 200 day simple moving average of $72.90. The firm has a market cap of $72.42 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1 year low of $50.96 and a 1 year high of $87.43.

Key Stories Impacting iShares Gold Trust

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About iShares Gold Trust

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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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:IAUFree Report).

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

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