Cape ANN Savings Bank Sells 1,027 Shares of iShares Gold Trust (NYSEARCA:IAU)

Cape ANN Savings Bank lowered its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 165,373 shares of the exchange traded fund’s stock after selling 1,027 shares during the period. iShares Gold Trust makes up approximately 4.8% of Cape ANN Savings Bank’s holdings, making the stock its 6th biggest position. Cape ANN Savings Bank’s holdings in iShares Gold Trust were worth $8,188,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Strategic Financial Concepts LLC acquired a new position in iShares Gold Trust in the 4th quarter valued at $442,000. Sanchez Wealth Management Group bought a new stake in iShares Gold Trust during the fourth quarter valued at about $228,000. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the last quarter. Independent Family Office LLC increased its stake in shares of iShares Gold Trust by 4.1% in the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after purchasing an additional 16,827 shares during the period. Finally, Silverleafe Capital Partners LLC lifted its position in shares of iShares Gold Trust by 0.4% during the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after purchasing an additional 689 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $55.39 on Monday. The business has a 50 day moving average price of $51.75 and a 200 day moving average price of $50.20. iShares Gold Trust has a twelve month low of $38.21 and a twelve month high of $55.60.

iShares Gold Trust 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.