23,956 Shares in iShares Gold Trust (NYSEARCA:IAU) Acquired by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 23,956 shares of the exchange traded fund’s stock, valued at approximately $1,186,000. iShares Gold Trust makes up about 0.8% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 29th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IAU. JPMorgan Chase & Co. grew its position in 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 during the last quarter. Independent Family Office LLC lifted its stake in shares of iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after buying an additional 16,827 shares during the period. Silverleafe Capital Partners LLC grew its holdings in shares of iShares Gold Trust by 0.4% during the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after buying an additional 689 shares during the last quarter. Merit Financial Group LLC increased its position in shares of iShares Gold Trust by 177.6% in the 4th quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after acquiring an additional 32,975 shares during the period. Finally, International Assets Investment Management LLC raised its stake in iShares Gold Trust by 4,843.7% in the 3rd quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after acquiring an additional 229,303 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $52.31 on Monday. The company has a 50 day simple moving average of $50.17 and a two-hundred day simple moving average of $48.98. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $52.69.

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.