Whitener Capital Management Inc. lowered its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,480 shares of the exchange traded fund’s stock after selling 302 shares during the period. Whitener Capital Management Inc.’s holdings in iShares Gold Trust were worth $1,955,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. FMR LLC grew its stake 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 worth $1,146,335,000 after buying an additional 60,784 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings 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 period. Empower Advisory Group LLC raised its position in 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 purchasing an additional 111,210 shares during the last quarter. JPMorgan Chase & Co. boosted its stake 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 period. Finally, WealthNavi Inc. grew its position in iShares Gold Trust by 4.2% during the 3rd quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after purchasing 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 %
Shares of IAU opened at $50.99 on Friday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The firm has a 50-day simple moving average of $49.87 and a 200-day simple moving average of $48.70.
iShares Gold Trust 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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