Crown Wealth Group LLC Has $3.81 Million Stock Holdings in iShares Gold Trust $IAU

Crown Wealth Group LLC increased its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 38.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,172 shares of the exchange traded fund’s stock after acquiring an additional 11,991 shares during the quarter. iShares Gold Trust comprises approximately 1.1% of Crown Wealth Group LLC’s investment portfolio, making the stock its 21st biggest holding. Crown Wealth Group LLC’s holdings in iShares Gold Trust were worth $3,806,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Wills Financial Group LLC boosted its holdings in shares of iShares Gold Trust by 9.8% in the fourth quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock valued at $11,943,000 after buying an additional 13,093 shares during the period. Hudson Oak Wealth Advisory LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $1,725,000. Allianz SE raised its holdings in shares of iShares Gold Trust by 2.8% during the third quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock worth $86,351,000 after acquiring an additional 32,341 shares during the period. Mill Creek Capital Advisors LLC lifted its position in iShares Gold Trust by 2.9% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 203,287 shares of the exchange traded fund’s stock valued at $14,793,000 after acquiring an additional 5,749 shares in the last quarter. Finally, Advisory Services Network LLC lifted its position in iShares Gold Trust by 20.3% in the 3rd quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock valued at $15,081,000 after acquiring an additional 35,018 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.1%

IAU stock opened at $76.56 on Friday. The stock has a 50-day moving average price of $84.23 and a two-hundred day moving average price of $87.58. The stock has a market cap of $65.18 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 1 year low of $61.37 and a 1 year high of $104.40.

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About iShares Gold Trust

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

See Also

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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