Stephens Inc. AR Reduces Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Stephens Inc. AR lessened its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 430,157 shares of the exchange traded fund’s stock after selling 20,348 shares during the quarter. Stephens Inc. AR owned about 0.06% of iShares Gold Trust worth $21,297,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. FMR LLC grew its holdings in iShares Gold Trust by 0.3% during the 3rd 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. increased its position 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 worth $902,181,000 after purchasing an additional 142,487 shares during the last quarter. Empower Advisory Group LLC grew its stake in 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 purchasing an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in 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 valued at $557,498,000 after buying an additional 981,362 shares during the last quarter. Finally, WealthNavi Inc. raised its stake in iShares Gold Trust by 4.2% during the third quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock valued at $287,405,000 after buying an additional 233,999 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.1 %

NYSEARCA:IAU opened at $53.97 on Friday. The business’s 50 day moving average is $50.78 and its two-hundred day moving average is $49.47. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $54.48.

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.