Finemark National Bank & Trust Has $9.30 Million Stake in iShares Gold Trust $IAU

Finemark National Bank & Trust grew its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 8.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,835 shares of the exchange traded fund’s stock after purchasing an additional 10,409 shares during the quarter. Finemark National Bank & Trust’s holdings in iShares Gold Trust were worth $9,303,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Ehrlich Financial Group raised its stake in shares of iShares Gold Trust by 15.3% during the 3rd quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock worth $3,266,000 after purchasing an additional 5,943 shares during the period. Bay Harbor Wealth Management LLC raised its holdings in shares of iShares Gold Trust by 63.6% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock worth $4,041,000 after purchasing an additional 21,596 shares during the period. Bryn Mawr Trust Advisors LLC lifted its stake in iShares Gold Trust by 79.9% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock valued at $3,237,000 after purchasing an additional 23,054 shares during the last quarter. First Horizon Corp bought a new position in iShares Gold Trust during the third quarter valued at $1,863,000. Finally, Strategic Blueprint LLC increased its position in iShares Gold Trust by 30.2% in the third quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock worth $9,964,000 after buying an additional 31,746 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU opened at $99.07 on Friday. iShares Gold Trust has a 1 year low of $53.44 and a 1 year high of $104.40. The stock’s fifty day moving average price is $90.29 and its two-hundred day moving average price is $79.45. The firm has a market cap of $83.65 billion, a PE ratio of 5.53 and a beta of 0.09.

Key iShares Gold Trust News

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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. 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).

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

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