BSW Wealth Partners Has $9.57 Million Stock Holdings in iShares Gold Trust $IAU

BSW Wealth Partners boosted its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 153,429 shares of the exchange traded fund’s stock after purchasing an additional 3,650 shares during the quarter. iShares Gold Trust comprises 1.3% of BSW Wealth Partners’ holdings, making the stock its 15th biggest position. BSW Wealth Partners’ holdings in iShares Gold Trust were worth $9,568,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. raised its stake in iShares Gold Trust by 1.9% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 17,940,089 shares of the exchange traded fund’s stock valued at $1,057,748,000 after acquiring an additional 339,286 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of iShares Gold Trust by 63.1% during the first quarter. Envestnet Asset Management Inc. now owns 17,575,718 shares of the exchange traded fund’s stock valued at $1,036,264,000 after purchasing an additional 6,797,066 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares Gold Trust by 29.6% during the first quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock valued at $659,340,000 after purchasing an additional 2,552,405 shares in the last quarter. WealthNavi Inc. raised its position in shares of iShares Gold Trust by 8.6% during the second quarter. WealthNavi Inc. now owns 6,571,130 shares of the exchange traded fund’s stock worth $409,776,000 after acquiring an additional 521,530 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares Gold Trust by 10.5% in the first quarter. Ameriprise Financial Inc. now owns 6,467,599 shares of the exchange traded fund’s stock worth $381,929,000 after purchasing an additional 616,559 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.2%

NYSEARCA IAU opened at $72.88 on Thursday. The company has a market cap of $55.84 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52 week low of $48.29 and a 52 week high of $73.09. The business has a 50 day moving average price of $66.05 and a 200-day moving average price of $63.13.

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.

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

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