iShares Gold Trust (NYSEARCA:IAU) Shares Bought by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 7.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,000,500 shares of the exchange traded fund’s stock after buying an additional 144,014 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares Gold Trust were worth $78,080,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new stake in shares of iShares Gold Trust during the 4th quarter valued at $28,000. Pingora Partners LLC acquired a new position in iShares Gold Trust during the fourth quarter valued at approximately $31,000. Signature Resources Capital Management LLC purchased a new stake in iShares Gold Trust during the fourth quarter worth approximately $32,000. North Star Investment Management Corp. raised its stake in shares of iShares Gold Trust by 125.7% in the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 479 shares during the period. Finally, Chilton Capital Management LLC boosted its position in shares of iShares Gold Trust by 162.8% in the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 542 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Down 0.9 %

Shares of iShares Gold Trust stock traded down $0.41 during trading hours on Tuesday, hitting $43.98. 4,028,993 shares of the company’s stock traded hands, compared to its average volume of 6,735,871. The stock has a 50 day simple moving average of $44.13 and a 200-day simple moving average of $40.71. iShares Gold Trust has a twelve month low of $34.35 and a twelve month high of $46.08.

iShares Gold Trust Profile

(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.

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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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