Camden National Bank Boosts Position in iShares Gold Trust (NYSEARCA:IAU)

Camden National Bank grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,842 shares of the exchange traded fund’s stock after buying an additional 2,592 shares during the period. Camden National Bank’s holdings in iShares Gold Trust were worth $4,117,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $840,000. EP Wealth Advisors LLC boosted its holdings in iShares Gold Trust by 1.4% in the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after purchasing an additional 262 shares during the period. Westwood Holdings Group Inc. bought a new position in shares of iShares Gold Trust in the first quarter worth $201,000. Kestra Advisory Services LLC boosted its stake in iShares Gold Trust by 10.3% during the first quarter. Kestra Advisory Services LLC now owns 401,435 shares of the exchange traded fund’s stock valued at $16,864,000 after buying an additional 37,442 shares during the period. Finally, Public Employees Retirement System of Ohio increased its stake in iShares Gold Trust by 21.3% in the 1st quarter. Public Employees Retirement System of Ohio now owns 366,800 shares of the exchange traded fund’s stock worth $15,409,000 after acquiring an additional 64,300 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 1.3 %

Shares of IAU opened at $51.10 on Friday. iShares Gold Trust has a 1-year low of $37.40 and a 1-year high of $52.69. The firm’s 50 day simple moving average is $50.30 and its 200 day simple moving average is $47.12.

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.