Custom Index Systems LLC Boosts Holdings in iShares Gold Trust (NYSEARCA:IAU)

Custom Index Systems LLC lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 44.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,340 shares of the exchange traded fund’s stock after buying an additional 2,551 shares during the quarter. Custom Index Systems LLC’s holdings in iShares Gold Trust were worth $413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Quadrature Capital Ltd bought a new position in shares of iShares Gold Trust in the 3rd quarter worth about $95,801,000. 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 purchasing an additional 981,362 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of iShares Gold Trust by 6,538.7% during the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after purchasing an additional 672,568 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its position in shares of iShares Gold Trust by 10,279.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock worth $33,128,000 after purchasing an additional 666,330 shares in the last quarter. Finally, Brave Asset Management Inc. purchased a new stake in shares of iShares Gold Trust in the 3rd quarter worth approximately $26,169,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Up 0.2 %

Shares of NYSEARCA:IAU opened at $52.87 on Friday. The stock has a fifty day simple moving average of $50.35 and a two-hundred day simple moving average of $49.15. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $53.18.

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.