Central Bank & Trust Co. Buys 429 Shares of iShares Gold Trust (NYSEARCA:IAU)

Central Bank & Trust Co. raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,027 shares of the exchange traded fund’s stock after purchasing an additional 429 shares during the period. Central Bank & Trust Co.’s holdings in iShares Gold Trust were worth $697,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IAU. Global Trust Asset Management LLC increased its position in iShares Gold Trust by 250.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 500 shares during the period. 1620 Investment Advisors Inc. acquired a new position in iShares Gold Trust during the 2nd quarter valued at $31,000. Opal Wealth Advisors LLC bought a new stake in iShares Gold Trust in the 2nd quarter valued at $34,000. Pacifica Partners Inc. acquired a new stake in iShares Gold Trust in the 2nd quarter worth $35,000. Finally, Chris Bulman Inc acquired a new position in shares of iShares Gold Trust during the second quarter valued at about $43,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

IAU stock opened at $51.70 on Tuesday. The business’s 50-day simple moving average is $49.65 and its 200 day simple moving average is $46.58. iShares Gold Trust has a twelve month low of $36.57 and a twelve month high of $52.69.

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.