iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Camden National Bank

Camden National Bank grew its stake in iShares Gold Trust (NYSEARCA:IAU) by 13.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 94,041 shares of the exchange traded fund’s stock after purchasing an additional 11,199 shares during the quarter. Camden National Bank’s holdings in iShares Gold Trust were worth $4,656,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in IAU. Compass Financial Services Inc bought a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $27,000. Archer Investment Corp increased its stake in iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the period. Financial Life Planners acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $33,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Gold Trust in the fourth quarter valued at $40,000. Finally, Valued Wealth Advisors LLC grew its holdings in iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 333 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.1 %

Shares of iShares Gold Trust stock opened at $54.91 on Friday. iShares Gold Trust has a 52 week low of $40.63 and a 52 week high of $55.70. The company’s 50-day moving average price is $52.82 and its two-hundred day moving average price is $50.72. The stock has a market cap of $37.26 billion, a PE ratio of -33.32 and a beta of 0.20.

About iShares Gold Trust

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.