Citizens National Bank Trust Department Grows Stake in iShares Gold Trust (NYSEARCA:IAU)

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

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Angeles Wealth Management LLC bought a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $646,000. GFS Advisors LLC increased its holdings in iShares Gold Trust by 2,606.8% during the 3rd quarter. GFS Advisors LLC now owns 156,560 shares of the exchange traded fund’s stock worth $7,781,000 after acquiring an additional 150,776 shares during the period. Janney Montgomery Scott LLC increased its holdings in iShares Gold Trust by 1.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 343,179 shares of the exchange traded fund’s stock worth $17,056,000 after acquiring an additional 3,516 shares during the period. Carmichael Hill & Associates Inc. increased its holdings in iShares Gold Trust by 120.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 2,532 shares of the exchange traded fund’s stock worth $126,000 after acquiring an additional 1,385 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in iShares Gold Trust by 6.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 26,957 shares of the exchange traded fund’s stock worth $1,340,000 after acquiring an additional 1,678 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Down 0.4 %

iShares Gold Trust stock opened at $51.62 on Monday. The firm’s 50 day simple moving average is $49.56 and its 200 day simple moving average is $46.53. iShares Gold Trust has a 1-year low of $36.57 and a 1-year 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.