iShares Gold Trust (NYSEARCA:IAU) Stock Holdings Boosted by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. increased its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 19.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,857 shares of the exchange traded fund’s stock after buying an additional 941 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in iShares Gold Trust were worth $290,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IAU. FMR LLC boosted its position in shares of iShares Gold Trust by 0.3% in 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 period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of iShares Gold Trust by 0.8% in 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 acquiring an additional 142,487 shares in the last quarter. Empower Advisory Group LLC lifted its position 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 in the last quarter. JPMorgan Chase & Co. grew its position 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 in the last quarter. 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 in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.6 %

Shares of iShares Gold Trust stock opened at $54.02 on Thursday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $54.40. The business has a fifty day simple moving average of $50.54 and a 200-day simple moving average of $49.34.

iShares Gold Trust Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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