Money Design Co. Ltd. Invests $2.94 Million in iShares Gold Trust (NYSEARCA:IAU)

Money Design Co. Ltd. bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 238,708 shares of the exchange traded fund’s stock, valued at approximately $2,938,000. iShares Gold Trust comprises 2.5% of Money Design Co. Ltd.’s investment portfolio, making the stock its 17th largest position.

A number of other large investors also recently added to or reduced their stakes in IAU. Charles Schwab Investment Advisory Inc. lifted its holdings in iShares Gold Trust by 15.7% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 67,603,646 shares of the exchange traded fund’s stock worth $832,201,000 after purchasing an additional 9,187,508 shares during the last quarter. BlackRock Inc. grew its holdings in iShares Gold Trust by 22.5% during the second quarter. BlackRock Inc. now owns 45,171,550 shares of the exchange traded fund’s stock valued at $539,348,000 after purchasing an additional 8,299,924 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in iShares Gold Trust by 61.0% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 17,068,300 shares of the exchange traded fund’s stock valued at $210,111,000 after purchasing an additional 6,467,000 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Gold Trust by 6,297.7% during the second quarter. JPMorgan Chase & Co. now owns 11,208,354 shares of the exchange traded fund’s stock worth $133,828,000 after acquiring an additional 11,033,161 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of iShares Gold Trust by 10.0% during the third quarter. Wells Fargo & Company MN now owns 8,968,233 shares of the exchange traded fund’s stock worth $110,398,000 after acquiring an additional 813,291 shares in the last quarter.

iShares Gold Trust (NYSEARCA IAU) traded down $0.17 during trading hours on Thursday, hitting $11.98. The company’s stock had a trading volume of 7,430,000 shares, compared to its average volume of 8,370,317. iShares Gold Trust has a 12-month low of $10.81 and a 12-month high of $12.98.

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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.

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

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