Centricity Wealth Management LLC Acquires Shares of 1,121 iShares Gold Trust (NYSEARCA:IAU)

Centricity Wealth Management LLC bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,121 shares of the exchange traded fund’s stock, valued at approximately $56,000.

Several other hedge funds also recently made changes to their positions in the business. FMR LLC grew its position in iShares Gold Trust by 0.3% during the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock worth $1,146,335,000 after buying an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of iShares Gold Trust by 0.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock valued at $902,181,000 after acquiring an additional 142,487 shares during the period. Empower Advisory Group LLC lifted its position in shares of iShares Gold Trust by 0.8% during the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock valued at $741,610,000 after acquiring an additional 111,210 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of iShares Gold Trust by 56.8% in the fourth quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after purchasing an additional 1,507,442 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Down 0.1 %

IAU stock opened at $55.39 on Friday. iShares Gold Trust has a 52 week low of $38.21 and a 52 week high of $55.60. The business has a 50-day simple moving average of $51.64 and a 200 day simple moving average of $50.06.

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.