Custom Index Systems LLC Increases Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Custom Index Systems LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 44.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,340 shares of the exchange traded fund’s stock after purchasing an additional 2,551 shares during the period. Custom Index Systems LLC’s holdings in iShares Gold Trust were worth $413,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IAU. FMR LLC increased its position in shares of 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 during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in 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 valued at $902,181,000 after buying an additional 142,487 shares during the last quarter. Empower Advisory Group LLC increased its holdings in 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 valued at $741,610,000 after buying an additional 111,210 shares during the last quarter. JPMorgan Chase & Co. raised its position 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 worth $557,498,000 after acquiring an additional 981,362 shares during the period. Finally, WealthNavi Inc. boosted its stake in shares of 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 acquiring an additional 233,999 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $52.87 on Friday. iShares Gold Trust has a one year low of $37.53 and a one year high of $53.18. The business has a fifty day moving average price of $50.35 and a 200-day moving average price of $49.15.

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.