iShares Gold Trust $IAU Shares Acquired by TIAA Trust National Association

TIAA Trust National Association increased its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 6.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 667,556 shares of the exchange traded fund’s stock after purchasing an additional 40,142 shares during the quarter. TIAA Trust National Association owned 0.08% of iShares Gold Trust worth $48,578,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of iShares Gold Trust during the fourth quarter worth approximately $1,864,000. Bison Wealth LLC grew its holdings in iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 7,379 shares in the last quarter. AQR Capital Management LLC increased its position in shares of iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after purchasing an additional 8,609 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of iShares Gold Trust in the 2nd quarter valued at approximately $360,000. Finally, Arkadios Wealth Advisors raised its holdings in shares of iShares Gold Trust by 67.0% in the 2nd quarter. Arkadios Wealth Advisors now owns 45,626 shares of the exchange traded fund’s stock valued at $2,845,000 after purchasing an additional 18,312 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.8%

iShares Gold Trust stock opened at $97.79 on Friday. The company has a fifty day simple moving average of $89.94 and a 200-day simple moving average of $79.09. The stock has a market cap of $82.57 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12-month low of $53.44 and a 12-month high of $104.40.

Key Stories Impacting iShares Gold Trust

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About iShares Gold Trust

(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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

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

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