iShares Gold Trust (NYSEARCA:IAU) Position Lifted by Sapient Capital LLC

Sapient Capital LLC raised its stake in iShares Gold Trust (NYSEARCA:IAU) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 185,642 shares of the exchange traded fund’s stock after purchasing an additional 2,590 shares during the period. Sapient Capital LLC’s holdings in iShares Gold Trust were worth $9,191,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. FMR LLC lifted its holdings 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. raised its position in shares of iShares Gold Trust by 0.8% during 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 in the last quarter. Empower Advisory Group LLC boosted its holdings in iShares Gold Trust by 0.8% in 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. raised its holdings in shares of iShares Gold Trust by 9.6% during the third 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. lifted its position in shares of iShares Gold Trust by 4.2% in the 3rd quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after buying an additional 233,999 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.7 %

Shares of NYSEARCA:IAU opened at $54.88 on Tuesday. The firm has a 50-day simple moving average of $50.78 and a 200 day simple moving average of $49.52. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $54.95.

iShares Gold Trust Company 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.