iShares Gold Trust (NYSEARCA:IAU) Stock Position Boosted by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 77,959 shares of the exchange traded fund’s stock after buying an additional 6,962 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares Gold Trust were worth $3,860,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of iShares Gold Trust by 9.6% during 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 during the period. Independent Family Office LLC increased its position in shares of iShares Gold Trust by 4.1% during the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after purchasing an additional 16,827 shares during the period. Silverleafe Capital Partners LLC raised its stake in shares of iShares Gold Trust by 0.4% in the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after buying an additional 689 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of iShares Gold Trust by 177.6% in the fourth quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after buying an additional 32,975 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in iShares Gold Trust by 4,843.7% during the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock valued at $11,632,000 after buying an additional 229,303 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.6 %

Shares of iShares Gold Trust stock opened at $52.31 on Friday. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.69. The company’s 50-day moving average price is $50.17 and its two-hundred day moving average price is $48.95.

About iShares Gold Trust

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.