Citizens National Bank Trust Department Has $1.18 Million Position in iShares Gold Trust (NYSEARCA:IAU)

Citizens National Bank Trust Department boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 12.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,885 shares of the exchange traded fund’s stock after acquiring an additional 2,553 shares during the quarter. Citizens National Bank Trust Department’s holdings in iShares Gold Trust were worth $1,183,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Concurrent Investment Advisors LLC grew its position in shares of iShares Gold Trust by 114.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 30,680 shares of the exchange traded fund’s stock valued at $1,519,000 after purchasing an additional 16,389 shares during the period. Advyzon Investment Management LLC acquired a new stake in iShares Gold Trust in the 4th quarter valued at $241,000. WealthCare Investment Partners LLC increased its stake in iShares Gold Trust by 5.7% in the 4th quarter. WealthCare Investment Partners LLC now owns 130,752 shares of the exchange traded fund’s stock valued at $6,562,000 after buying an additional 7,020 shares during the last quarter. Wealth Alliance increased its stake in iShares Gold Trust by 18.9% in the 4th quarter. Wealth Alliance now owns 112,134 shares of the exchange traded fund’s stock valued at $5,552,000 after buying an additional 17,836 shares during the last quarter. Finally, Financial Sense Advisors Inc. increased its stake in iShares Gold Trust by 3.5% in the 4th quarter. Financial Sense Advisors Inc. now owns 68,171 shares of the exchange traded fund’s stock valued at $3,375,000 after buying an additional 2,288 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of IAU opened at $55.42 on Thursday. The firm has a 50-day moving average of $51.46 and a 200-day moving average of $49.98. iShares Gold Trust has a one year low of $38.21 and a one year high of $55.49.

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.