Citizens National Bank Trust Department Has $1.18 Million Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Citizens National Bank Trust Department boosted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 12.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,885 shares of the exchange traded fund’s stock after purchasing an additional 2,553 shares during the quarter. Citizens National Bank Trust Department’s holdings in iShares Gold Trust were worth $1,183,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Trilogy Capital Inc. purchased a new position in iShares Gold Trust in the third quarter worth $214,000. Telos Capital Management Inc. purchased a new position in iShares Gold Trust in the third quarter worth $227,000. Sequoia Financial Advisors LLC boosted its position in iShares Gold Trust by 36.9% in the third quarter. Sequoia Financial Advisors LLC now owns 11,184 shares of the exchange traded fund’s stock worth $556,000 after purchasing an additional 3,015 shares during the last quarter. Signaturefd LLC boosted its position in iShares Gold Trust by 11.9% in the third quarter. Signaturefd LLC now owns 22,264 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 2,362 shares during the last quarter. Finally, Eastern Bank purchased a new position in iShares Gold Trust in the third quarter worth $1,565,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 0.1 %

Shares of NYSEARCA IAU opened at $55.42 on Thursday. iShares Gold Trust has a one year low of $38.21 and a one year high of $55.49. The business’s fifty day moving average price is $51.46 and its 200-day moving average price is $49.98.

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.