iShares Gold Trust $IAU Shares Acquired by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 18.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 122,605 shares of the exchange traded fund’s stock after purchasing an additional 19,140 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares Gold Trust were worth $10,375,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. AE Wealth Management LLC raised its stake in iShares Gold Trust by 6.1% in the 4th quarter. AE Wealth Management LLC now owns 77,191 shares of the exchange traded fund’s stock worth $6,266,000 after acquiring an additional 4,414 shares during the last quarter. Whittier Trust Co. lifted its position in iShares Gold Trust by 0.4% during the 4th quarter. Whittier Trust Co. now owns 64,554 shares of the exchange traded fund’s stock worth $5,463,000 after acquiring an additional 268 shares during the period. J.M. Arbour LLC purchased a new stake in iShares Gold Trust during the 4th quarter valued at about $1,175,000. West Wealth Group LLC grew its stake in iShares Gold Trust by 8.7% during the 4th quarter. West Wealth Group LLC now owns 75,614 shares of the exchange traded fund’s stock valued at $6,138,000 after purchasing an additional 6,045 shares during the last quarter. Finally, Key Capital Management INC acquired a new position in shares of iShares Gold Trust in the fourth quarter valued at about $32,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Down 0.1%

Shares of NYSEARCA:IAU opened at $90.16 on Friday. iShares Gold Trust has a 52-week low of $59.71 and a 52-week high of $104.40. The stock has a market cap of $76.76 billion, a price-to-earnings ratio of 5.53 and a beta of 0.20. The business has a 50-day moving average price of $92.15 and a 200-day moving average price of $85.01.

Key iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

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).

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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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