Wealthgarden F.S. LLC boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 36.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,709 shares of the exchange traded fund’s stock after purchasing an additional 4,438 shares during the period. Wealthgarden F.S. LLC’s holdings in iShares Gold Trust were worth $827,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FMR LLC lifted its stake 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 worth $1,146,335,000 after purchasing an additional 60,784 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of iShares Gold Trust by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock valued at $902,181,000 after acquiring an additional 142,487 shares during the last quarter. Empower Advisory Group LLC lifted its stake in shares of iShares Gold Trust by 0.8% in the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock valued at $741,610,000 after acquiring an additional 111,210 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Gold Trust by 9.6% in the 3rd 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 during the last quarter. Finally, Truist Financial Corp lifted its stake in shares of iShares Gold Trust by 56.8% in the 4th quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock valued at $205,976,000 after acquiring an additional 1,507,442 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors.
iShares Gold Trust Trading Down 0.1 %
Shares of IAU opened at $55.39 on Friday. iShares Gold Trust has a 52 week low of $38.21 and a 52 week high of $55.60. The stock has a fifty day moving average of $51.75 and a 200-day moving average of $50.16.
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.
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