Crcm LP Acquires 530,148 Shares of iShares Gold Trust $IAU

Crcm LP grew its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 73.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,249,870 shares of the exchange traded fund’s stock after buying an additional 530,148 shares during the quarter. iShares Gold Trust accounts for 78.7% of Crcm LP’s investment portfolio, making the stock its largest position. Crcm LP owned about 0.15% of iShares Gold Trust worth $111,125,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. LPL Financial LLC grew its stake in iShares Gold Trust by 1.5% in the 4th quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock valued at $1,115,461,000 after acquiring an additional 203,528 shares during the period. Wells Fargo & Company MN raised its position in iShares Gold Trust by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 13,136,955 shares of the exchange traded fund’s stock worth $1,066,327,000 after acquiring an additional 260,541 shares during the period. Citigroup Inc. raised its position in iShares Gold Trust by 35.7% during the fourth quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock worth $584,531,000 after acquiring an additional 1,893,594 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares Gold Trust by 2.3% during the second quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after purchasing an additional 148,881 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Gold Trust by 18.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,595,990 shares of the exchange traded fund’s stock valued at $535,396,000 after purchasing an additional 1,019,135 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 1.1%

Shares of NYSEARCA IAU opened at $77.69 on Thursday. The company’s 50-day simple moving average is $79.97 and its 200-day simple moving average is $86.94. iShares Gold Trust has a 52-week low of $61.60 and a 52-week high of $104.40. The firm has a market cap of $64.16 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18.

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About iShares Gold Trust

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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