iShares Gold Trust (NYSEARCA:IAU) Stock Holdings Lifted by Galvin Gaustad & Stein LLC

Galvin Gaustad & Stein LLC lifted its position in iShares Gold Trust (NYSEARCA:IAU) by 43.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 7,449 shares of the exchange traded fund’s stock after buying an additional 2,255 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in iShares Gold Trust were worth $369,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in IAU. FMR LLC boosted its holdings in shares of 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 period. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of iShares Gold Trust by 0.8% during 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 purchasing an additional 142,487 shares during the period. Empower Advisory Group LLC boosted its holdings in shares of iShares Gold Trust by 0.8% during 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 during the period. JPMorgan Chase & Co. lifted its stake 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 acquiring an additional 981,362 shares during the last quarter. Finally, WealthNavi Inc. lifted its stake in 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 valued at $287,405,000 after acquiring an additional 233,999 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 0.5 %

NYSEARCA IAU opened at $51.76 on Thursday. The company has a 50 day moving average price of $50.02 and a two-hundred day moving average price of $48.88. 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.