Css LLC Il Purchases 2,970 Shares of iShares Gold Trust (NYSEARCA:IAU)

Css LLC Il raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 174,370 shares of the exchange traded fund’s stock after acquiring an additional 2,970 shares during the period. Css LLC Il’s holdings in iShares Gold Trust were worth $8,633,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IAU. Bank of New York Mellon Corp grew its holdings in shares of iShares Gold Trust by 5.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,136,328 shares of the exchange traded fund’s stock valued at $56,260,000 after purchasing an additional 62,195 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in iShares Gold Trust during the fourth quarter valued at about $442,000. Sanchez Wealth Management Group bought a new position in shares of iShares Gold Trust during the fourth quarter valued at about $228,000. JPMorgan Chase & Co. grew its stake in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after buying an additional 981,362 shares during the last quarter. Finally, Betterment LLC increased its holdings in shares of iShares Gold Trust by 1.8% in the fourth quarter. Betterment LLC now owns 11,021 shares of the exchange traded fund’s stock worth $546,000 after buying an additional 199 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 1.9%

NYSEARCA IAU opened at $62.12 on Wednesday. The firm has a market cap of $46.53 billion, a PE ratio of -37.79 and a beta of 0.13. iShares Gold Trust has a 1-year low of $43.24 and a 1-year high of $64.98. The stock has a 50-day moving average of $60.11 and a 200-day moving average of $54.60.

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.