Farmers Trust Co. Has $460,000 Stake in iShares Gold Trust (NYSEARCA:IAU)

Farmers Trust Co. grew its stake in iShares Gold Trust (NYSEARCA:IAU) by 17.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,246 shares of the exchange traded fund’s stock after buying an additional 1,400 shares during the period. Farmers Trust Co.’s holdings in iShares Gold Trust were worth $460,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in IAU. Private Ocean LLC acquired a new position in iShares Gold Trust in the 1st quarter valued at $29,000. Global Trust Asset Management LLC boosted its holdings in iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 500 shares during the period. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Gold Trust in the second quarter valued at about $31,000. YHB Investment Advisors Inc. bought a new position in shares of iShares Gold Trust in the first quarter worth about $33,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of iShares Gold Trust in the second quarter worth about $34,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.0 %

Shares of NYSEARCA IAU opened at $50.20 on Friday. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $50.57. The business’s 50 day moving average is $47.59 and its two-hundred day moving average is $45.30.

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.