Cathy Pareto & Associates Inc. Acquires New Holdings in iShares Gold Trust (NYSEARCA:IAU)

Cathy Pareto & Associates Inc. acquired a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,125 shares of the exchange traded fund’s stock, valued at approximately $1,293,000. iShares Gold Trust accounts for about 1.2% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 24th largest holding.

Several other institutional investors have also added to or reduced their stakes in IAU. AQR Capital Management LLC bought a new stake in shares of iShares Gold Trust in the 2nd quarter worth about $683,000. SkyView Investment Advisors LLC boosted its position in iShares Gold Trust by 0.7% in the 2nd quarter. SkyView Investment Advisors LLC now owns 484,854 shares of the exchange traded fund’s stock valued at $21,300,000 after buying an additional 3,177 shares during the period. Kitching Partners LLC boosted its position in iShares Gold Trust by 5.8% in the 2nd quarter. Kitching Partners LLC now owns 73,990 shares of the exchange traded fund’s stock valued at $3,250,000 after buying an additional 4,037 shares during the period. Creative Planning lifted its position in shares of iShares Gold Trust by 1.2% in the 2nd quarter. Creative Planning now owns 798,044 shares of the exchange traded fund’s stock worth $35,058,000 after purchasing an additional 9,705 shares during the period. Finally, Magnolia Capital Advisors LLC purchased a new stake in shares of iShares Gold Trust in the 2nd quarter worth approximately $1,300,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 0.6 %

Shares of IAU opened at $52.31 on Monday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The company has a 50 day moving average price of $50.17 and a 200-day moving average price of $48.98.

iShares Gold Trust Profile

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.