CGN Advisors LLC Purchases 2,609 Shares of iShares Gold Trust (NYSEARCA:IAU)

CGN Advisors LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 57.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,136 shares of the exchange traded fund’s stock after buying an additional 2,609 shares during the period. CGN Advisors LLC’s holdings in iShares Gold Trust were worth $353,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in shares of iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the period. Independent Family Office LLC lifted its stake in iShares Gold Trust by 4.1% in the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after buying an additional 16,827 shares during the period. Silverleafe Capital Partners LLC lifted its stake in iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after buying an additional 689 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of iShares Gold Trust by 4,843.7% during the 3rd quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after buying an additional 229,303 shares in the last quarter. Finally, Prospera Financial Services Inc grew its position in shares of iShares Gold Trust by 18.7% during the 3rd quarter. Prospera Financial Services Inc now owns 44,531 shares of the exchange traded fund’s stock worth $2,213,000 after buying an additional 7,001 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.5 %

iShares Gold Trust stock opened at $50.99 on Friday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.69. The firm’s fifty day moving average is $49.87 and its 200 day moving average is $48.73.

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.