Silver Oak Securities Incorporated Has $1.92 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

Silver Oak Securities Incorporated trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 38,964 shares of the exchange traded fund’s stock after selling 2,023 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares Gold Trust were worth $1,918,000 as of its most recent SEC filing.

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

iShares Gold Trust Stock Performance

IAU stock opened at $54.02 on Thursday. The company has a 50-day moving average of $50.54 and a two-hundred day moving average of $49.34. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $54.40.

iShares Gold Trust Company 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.