Baldwin Wealth Partners LLC MA Lowers Stake in iShares Gold Trust (NYSEARCA:IAU)

Baldwin Wealth Partners LLC MA lowered its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 308,115 shares of the exchange traded fund’s stock after selling 5,480 shares during the quarter. iShares Gold Trust accounts for about 1.1% of Baldwin Wealth Partners LLC MA’s investment portfolio, making the stock its 28th largest position. Baldwin Wealth Partners LLC MA’s holdings in iShares Gold Trust were worth $15,255,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. FMR LLC lifted its holdings 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 valued at $1,146,335,000 after purchasing an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of iShares Gold Trust by 0.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock worth $902,181,000 after buying an additional 142,487 shares in the last quarter. Empower Advisory Group LLC lifted its holdings in shares of iShares Gold Trust by 0.8% in the third quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after buying an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares in the last quarter. Finally, WealthNavi Inc. lifted its holdings in shares of iShares Gold Trust by 4.2% in the third quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after buying an additional 233,999 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU stock opened at $51.92 on Monday. iShares Gold Trust has a one year low of $37.53 and a one year high of $52.69. The company’s fifty day moving average price is $50.17 and its 200-day moving average price is $49.01.

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.