Csenge Advisory Group Increases Position in iShares Gold Trust (NYSEARCA:IAU)

Csenge Advisory Group grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 115.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,110 shares of the exchange traded fund’s stock after purchasing an additional 9,710 shares during the period. Csenge Advisory Group’s holdings in iShares Gold Trust were worth $897,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IAU. Exchange Traded Concepts LLC purchased a new stake in iShares Gold Trust during the 3rd quarter valued at about $163,000. Bleakley Financial Group LLC raised its holdings in iShares Gold Trust by 48.8% in the 3rd quarter. Bleakley Financial Group LLC now owns 18,972 shares of the exchange traded fund’s stock worth $943,000 after acquiring an additional 6,221 shares during the last quarter. Capital Investment Advisors LLC boosted its stake in iShares Gold Trust by 3.2% during the 3rd quarter. Capital Investment Advisors LLC now owns 14,517 shares of the exchange traded fund’s stock valued at $721,000 after purchasing an additional 455 shares during the last quarter. OLD National Bancorp IN lifted its holdings in shares of iShares Gold Trust by 16.7% during the third quarter. OLD National Bancorp IN now owns 15,989 shares of the exchange traded fund’s stock valued at $795,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Compass Ion Advisors LLC bought a new stake in iShares Gold Trust in the 3rd quarter worth about $373,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 1.5 %

Shares of IAU stock opened at $54.46 on Tuesday. The company has a 50 day moving average price of $51.28 and a 200-day moving average price of $49.86. iShares Gold Trust has a 52 week low of $37.76 and a 52 week high of $55.29.

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.