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.
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