NorthCrest Asset Manangement LLC Acquires 404 Shares of iShares Gold Trust (NYSEARCA:IAU)

NorthCrest Asset Manangement LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 0.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 377,488 shares of the exchange traded fund’s stock after purchasing an additional 404 shares during the period. NorthCrest Asset Manangement LLC owned about 0.06% of iShares Gold Trust worth $18,761,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IAU. TCP Asset Management LLC increased its position in iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 195 shares during the last quarter. Baker Avenue Asset Management LP increased its holdings in iShares Gold Trust by 2.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 215 shares during the last quarter. Howard Financial Services LTD. raised its stake in iShares Gold Trust by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 220 shares during the period. Avaii Wealth Management LLC lifted its holdings in iShares Gold Trust by 1.7% during the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after purchasing an additional 249 shares during the last quarter. Finally, FFG Partners LLC lifted its holdings in iShares Gold Trust by 0.9% during the third quarter. FFG Partners LLC now owns 29,300 shares of the exchange traded fund’s stock valued at $1,456,000 after purchasing an additional 267 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU traded up $0.49 during mid-day trading on Friday, hitting $50.78. The company had a trading volume of 3,673,318 shares, compared to its average volume of 4,240,430. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69. The stock’s 50-day moving average price is $49.92 and its 200-day moving average price is $48.41.

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.