iShares Gold Trust $IAU Shares Acquired by Blueprint Investment Partners LLC

Blueprint Investment Partners LLC boosted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 7.8% in the third quarter, Holdings Channel.com reports. The firm owned 91,972 shares of the exchange traded fund’s stock after acquiring an additional 6,630 shares during the quarter. iShares Gold Trust makes up about 0.9% of Blueprint Investment Partners LLC’s holdings, making the stock its 27th largest position. Blueprint Investment Partners LLC’s holdings in iShares Gold Trust were worth $6,693,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Gold Trust by 47.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock valued at $1,493,292,000 after buying an additional 6,623,876 shares during the period. Citigroup Inc. boosted its position in shares of iShares Gold Trust by 809.1% during the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock worth $318,586,000 after purchasing an additional 4,546,835 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Gold Trust by 67.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after purchasing an additional 4,398,605 shares during the period. Prudential Financial Inc. increased its holdings in shares of iShares Gold Trust by 2,152.7% in the 2nd quarter. Prudential Financial Inc. now owns 3,494,106 shares of the exchange traded fund’s stock valued at $217,892,000 after purchasing an additional 3,339,000 shares in the last quarter. Finally, Packer & Co Ltd acquired a new stake in shares of iShares Gold Trust in the third quarter valued at about $156,463,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Key iShares Gold Trust News

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

iShares Gold Trust Trading Up 1.3%

IAU stock opened at $100.38 on Tuesday. The company’s 50-day moving average price is $90.62 and its 200 day moving average price is $79.83. iShares Gold Trust has a 52 week low of $54.20 and a 52 week high of $104.40. The company has a market cap of $84.76 billion, a P/E ratio of 5.53 and a beta of 0.09.

iShares Gold Trust Company Profile

(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).

See Also

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)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.