40,305 Shares in iShares Gold Trust $IAU Purchased by North Dallas Bank & Trust Co.

North Dallas Bank & Trust Co. bought a new position in iShares Gold Trust (NYSEARCA:IAUFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 40,305 shares of the exchange traded fund’s stock, valued at approximately $3,272,000. iShares Gold Trust makes up 2.1% of North Dallas Bank & Trust Co.’s holdings, making the stock its 11th largest position.

A number of other hedge funds also recently made changes to their positions in IAU. CIBC Bancorp USA Inc. bought a new stake in iShares Gold Trust during the third quarter worth approximately $193,639,000. JPMorgan Chase & Co. grew its stake in shares of iShares Gold Trust by 20.6% during the third quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock valued at $958,034,000 after buying an additional 2,245,617 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of iShares Gold Trust by 381.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock valued at $205,744,000 after buying an additional 2,008,288 shares during the last quarter. Mizuho Bank Ltd. bought a new position in shares of iShares Gold Trust during the third quarter valued at approximately $120,798,000. Finally, Emory University bought a new position in shares of iShares Gold Trust during the third quarter valued at approximately $78,661,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

Key iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Stock Performance

IAU opened at $80.07 on Wednesday. The stock has a market cap of $68.17 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The stock’s 50 day moving average price is $86.92 and its 200-day moving average price is $87.65. iShares Gold Trust has a one year low of $61.37 and a one year high of $104.40.

About iShares Gold Trust

(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

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

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