Bank of Jackson Hole Trust Acquires Shares of 49,150 iShares Gold Trust (NYSEARCA:IAU)

Bank of Jackson Hole Trust acquired a new stake in iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 49,150 shares of the exchange traded fund’s stock, valued at approximately $2,433,000. iShares Gold Trust makes up about 1.6% of Bank of Jackson Hole Trust’s portfolio, making the stock its 13th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of iShares Gold Trust in the 4th quarter valued at $2,340,000. Atria Wealth Solutions Inc. increased its stake in shares of iShares Gold Trust by 6.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 394,533 shares of the exchange traded fund’s stock valued at $19,533,000 after purchasing an additional 22,634 shares during the last quarter. Mraz Amerine & Associates Inc. increased its stake in shares of iShares Gold Trust by 2.9% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 20,962 shares of the exchange traded fund’s stock valued at $1,038,000 after purchasing an additional 595 shares during the last quarter. Venturi Wealth Management LLC increased its stake in shares of iShares Gold Trust by 42.9% in the 4th quarter. Venturi Wealth Management LLC now owns 19,822 shares of the exchange traded fund’s stock valued at $981,000 after purchasing an additional 5,954 shares during the last quarter. Finally, D.A. Davidson & CO. increased its stake in shares of iShares Gold Trust by 137.4% in the 4th quarter. D.A. Davidson & CO. now owns 103,895 shares of the exchange traded fund’s stock valued at $5,144,000 after purchasing an additional 60,131 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.7 %

Shares of IAU opened at $55.37 on Wednesday. iShares Gold Trust has a 52-week low of $38.21 and a 52-week high of $55.44. The business’s fifty day moving average is $51.37 and its 200-day moving average is $49.92.

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.