Country Club Bank Lowers Holdings in iShares Gold Trust (NYSEARCA:IAU)

Country Club Bank lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 25,905 shares of the exchange traded fund’s stock after selling 1,015 shares during the period. Country Club Bank’s holdings in iShares Gold Trust were worth $1,139,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Ocean LLC acquired a new position in iShares Gold Trust in the first quarter valued at approximately $29,000. Global Trust Asset Management LLC increased its holdings in shares of iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 500 shares in the last quarter. ORG Partners LLC acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $28,000. Opal Wealth Advisors LLC purchased a new stake in iShares Gold Trust during the second quarter worth $34,000. Finally, Pingora Partners LLC purchased a new stake in iShares Gold Trust during the fourth quarter worth $31,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.3 %

IAU traded up $0.14 on Thursday, reaching $46.37. The stock had a trading volume of 3,805,917 shares, compared to its average volume of 6,357,129. The business’s 50-day moving average price is $44.93 and its two-hundred day moving average price is $43.02. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $46.93.

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.