Commerce Bank Acquires 841 Shares of iShares Gold Trust (NYSEARCA:IAU)

Commerce Bank lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,743 shares of the exchange traded fund’s stock after purchasing an additional 841 shares during the quarter. Commerce Bank’s holdings in iShares Gold Trust were worth $8,107,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Quadrant Private Wealth Management LLC boosted its holdings in shares of iShares Gold Trust by 2.3% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock worth $426,000 after purchasing an additional 195 shares in the last quarter. TPG Advisors LLC lifted its position in iShares Gold Trust by 0.7% in the 4th quarter. TPG Advisors LLC now owns 28,025 shares of the exchange traded fund’s stock worth $1,388,000 after buying an additional 199 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in iShares Gold Trust by 0.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 53,600 shares of the exchange traded fund’s stock worth $2,654,000 after buying an additional 200 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its position in iShares Gold Trust by 1.2% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock valued at $850,000 after acquiring an additional 212 shares during the last quarter. Finally, SeaCrest Wealth Management LLC raised its stake in shares of iShares Gold Trust by 2.7% during the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 215 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock opened at $62.63 on Friday. iShares Gold Trust has a 52-week low of $43.05 and a 52-week high of $63.03. The company has a fifty day moving average of $56.94 and a 200-day moving average of $52.88. The stock has a market capitalization of $45.25 billion, a price-to-earnings ratio of -35.73 and a beta of 0.17.

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.