Cadent Capital Advisors LLC Has $2 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Cadent Capital Advisors LLC decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,290 shares of the exchange traded fund’s stock after selling 1,518 shares during the quarter. Cadent Capital Advisors LLC’s holdings in iShares Gold Trust were worth $1,995,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IAU. Headlands Technologies LLC bought a new position in shares of iShares Gold Trust in the 2nd quarter valued at about $76,000. Zions Bancorporation N.A. increased its position in shares of iShares Gold Trust by 32.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 357 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of iShares Gold Trust by 0.4% during the 2nd quarter. Parallel Advisors LLC now owns 69,269 shares of the exchange traded fund’s stock worth $3,043,000 after purchasing an additional 300 shares in the last quarter. Wealthspire Advisors LLC boosted its holdings in shares of iShares Gold Trust by 6.4% in the 2nd quarter. Wealthspire Advisors LLC now owns 26,265 shares of the exchange traded fund’s stock valued at $1,154,000 after buying an additional 1,584 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. grew its stake in shares of iShares Gold Trust by 8.8% in the second quarter. Oppenheimer Asset Management Inc. now owns 322,609 shares of the exchange traded fund’s stock valued at $14,172,000 after buying an additional 26,089 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA IAU traded down $0.62 on Monday, hitting $50.16. 3,102,591 shares of the stock were exchanged, compared to its average volume of 4,995,974. The business’s fifty day moving average is $49.90 and its 200 day moving average is $48.53. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.69.

iShares Gold Trust 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.