Chevy Chase Trust Holdings LLC Acquires 138,592 Shares of iShares Gold Trust (NYSEARCA:IAU)

Chevy Chase Trust Holdings LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 8.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,841,803 shares of the exchange traded fund’s stock after purchasing an additional 138,592 shares during the period. Chevy Chase Trust Holdings LLC owned about 0.27% of iShares Gold Trust worth $91,188,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. TCP Asset Management LLC increased its holdings in iShares Gold Trust by 3.0% in the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after acquiring an additional 195 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in iShares Gold Trust by 1.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 212 shares in the last quarter. Baker Avenue Asset Management LP increased its holdings in iShares Gold Trust by 2.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 215 shares in the last quarter. SeaCrest Wealth Management LLC increased its holdings in iShares Gold Trust by 2.7% in the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 215 shares in the last quarter. Finally, Avaii Wealth Management LLC increased its holdings in iShares Gold Trust by 1.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 249 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $55.28 on Friday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $55.30. The firm has a 50 day moving average of $51.07 and a 200 day moving average of $49.70.

iShares Gold Trust Company 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.