Citizens National Bank Trust Department Buys 11,815 Shares of iShares Gold Trust (NYSEARCA:IAU)

Citizens National Bank Trust Department grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 124.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,332 shares of the exchange traded fund’s stock after buying an additional 11,815 shares during the quarter. Citizens National Bank Trust Department’s holdings in iShares Gold Trust were worth $1,060,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IAU. Global Trust Asset Management LLC grew its holdings in shares of iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 500 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new position in iShares Gold Trust during the second quarter worth about $31,000. Opal Wealth Advisors LLC purchased a new position in iShares Gold Trust during the second quarter worth about $34,000. Pacifica Partners Inc. purchased a new position in iShares Gold Trust during the second quarter worth about $35,000. Finally, Chris Bulman Inc purchased a new position in iShares Gold Trust during the second quarter worth about $43,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $51.62 on Monday. iShares Gold Trust has a fifty-two week low of $36.57 and a fifty-two week high of $52.69. The firm’s 50-day simple moving average is $49.56 and its 200 day simple moving average is $46.53.

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.