Essex Savings Bank Purchases 791 Shares of iShares Gold Trust (NYSEARCA:IAU)

Essex Savings Bank boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,091 shares of the exchange traded fund’s stock after buying an additional 791 shares during the period. Essex Savings Bank’s holdings in iShares Gold Trust were worth $450,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in IAU. FMR LLC lifted its position in shares of iShares Gold Trust by 0.3% during the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock valued at $1,146,335,000 after buying an additional 60,784 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of iShares Gold Trust by 0.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock worth $902,181,000 after acquiring an additional 142,487 shares in the last quarter. Empower Advisory Group LLC raised its stake in shares of iShares Gold Trust by 0.8% during the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after acquiring an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Gold Trust by 9.6% in 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 acquiring an additional 981,362 shares in the last quarter. Finally, WealthNavi Inc. boosted its stake in iShares Gold Trust by 4.2% in the third quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock valued at $287,405,000 after acquiring an additional 233,999 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.8 %

Shares of IAU stock opened at $50.91 on Thursday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.69. The business’s fifty day simple moving average is $49.85 and its 200-day simple moving average is $48.62.

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.