CENTRAL TRUST Co Lowers Holdings in iShares Gold Trust $IAU

CENTRAL TRUST Co lowered its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 9.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 924,593 shares of the exchange traded fund’s stock after selling 92,617 shares during the quarter. iShares Gold Trust makes up about 1.6% of CENTRAL TRUST Co’s portfolio, making the stock its 15th biggest position. CENTRAL TRUST Co owned approximately 0.11% of iShares Gold Trust worth $81,512,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IAU. Wills Financial Group LLC raised its stake in iShares Gold Trust by 9.8% in the fourth quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock worth $11,943,000 after buying an additional 13,093 shares in the last quarter. Hudson Oak Wealth Advisory LLC bought a new stake in iShares Gold Trust during the 4th quarter valued at $1,725,000. Allianz SE boosted its position in iShares Gold Trust by 2.8% during the 3rd quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock valued at $86,351,000 after acquiring an additional 32,341 shares in the last quarter. Advisory Services Network LLC increased its holdings in shares of iShares Gold Trust by 20.3% in the 3rd quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock valued at $15,081,000 after acquiring an additional 35,018 shares during the period. Finally, Mill Creek Capital Advisors LLC increased its holdings in shares of iShares Gold Trust by 2.9% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 203,287 shares of the exchange traded fund’s stock valued at $14,793,000 after acquiring an additional 5,749 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 1.9%

IAU opened at $77.33 on Wednesday. The firm has a market cap of $65.83 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12 month low of $61.37 and a 12 month high of $104.40. The stock has a fifty day moving average price of $85.10 and a 200-day moving average price of $87.71.

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iShares Gold Trust Company Profile

(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).

See Also

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

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