Strengthening Families & Communities LLC Has $2.48 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Strengthening Families & Communities LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,147 shares of the exchange traded fund’s stock after selling 745 shares during the period. iShares Gold Trust makes up 1.4% of Strengthening Families & Communities LLC’s investment portfolio, making the stock its 20th biggest holding. Strengthening Families & Communities LLC’s holdings in iShares Gold Trust were worth $2,483,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Quadrature Capital Ltd bought a new stake in iShares Gold Trust in the 3rd quarter valued at about $95,801,000. JPMorgan Chase & Co. increased its holdings in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after acquiring an additional 981,362 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of iShares Gold Trust by 6,538.7% during the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after acquiring an additional 672,568 shares in the last quarter. Kovitz Investment Group Partners LLC raised its position in shares of iShares Gold Trust by 10,279.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock worth $33,128,000 after purchasing an additional 666,330 shares during the period. Finally, Parker Investment Management LLC bought a new position in shares of iShares Gold Trust in the 3rd quarter worth $26,050,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $54.88 on Tuesday. The firm has a fifty day simple moving average of $50.78 and a two-hundred day simple moving average of $49.52. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $54.95.

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.