UMB Bank n.a. Has $18.73 Million Stake in iShares Gold Trust $IAU

UMB Bank n.a. lifted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 11.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 257,416 shares of the exchange traded fund’s stock after buying an additional 26,788 shares during the quarter. UMB Bank n.a.’s holdings in iShares Gold Trust were worth $18,732,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IAU. Keener Financial Planning LLC acquired a new position in shares of iShares Gold Trust during the 2nd quarter worth $25,000. MTM Investment Management LLC acquired a new stake in shares of iShares Gold Trust in the 2nd quarter valued at $25,000. Private Wealth Management Group LLC boosted its holdings in iShares Gold Trust by 290.9% in the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 320 shares in the last quarter. Key Financial Inc bought a new stake in iShares Gold Trust in the second quarter worth $28,000. Finally, Mountain Hill Investment Partners Corp. acquired a new position in iShares Gold Trust during the third quarter worth $29,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $91.20 on Friday. iShares Gold Trust has a fifty-two week low of $52.74 and a fifty-two week high of $104.40. The stock’s 50-day moving average is $84.38 and its two-hundred day moving average is $75.08. The firm has a market cap of $77.00 billion, a P/E ratio of 5.53 and a beta of 0.09.

More iShares Gold Trust News

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iShares Gold Trust Company 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).

Further Reading

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

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