Evercore Wealth Management LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 943,090 shares of the exchange traded fund’s stock after selling 7,944 shares during the period. Evercore Wealth Management LLC’s holdings in iShares Gold Trust were worth $12,732,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of iShares Gold Trust by 1.5% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 98,077,401 shares of the exchange traded fund’s stock valued at $1,324,045,000 after buying an additional 1,448,445 shares during the period. Charles Schwab Investment Advisory Inc. increased its position in shares of iShares Gold Trust by 10.6% during the second quarter. Charles Schwab Investment Advisory Inc. now owns 62,033,652 shares of the exchange traded fund’s stock valued at $837,455,000 after buying an additional 5,923,930 shares during the period. BlackRock Inc. increased its position in shares of iShares Gold Trust by 18.8% during the first quarter. BlackRock Inc. now owns 59,763,150 shares of the exchange traded fund’s stock valued at $739,867,000 after buying an additional 9,456,483 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Gold Trust by 20.4% during the first quarter. JPMorgan Chase & Co. now owns 12,344,567 shares of the exchange traded fund’s stock valued at $152,826,000 after buying an additional 2,090,641 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of iShares Gold Trust by 4.2% during the second quarter. Wells Fargo & Company MN now owns 11,073,610 shares of the exchange traded fund’s stock valued at $149,493,000 after buying an additional 446,373 shares during the period.

Shares of NYSEARCA IAU opened at $14.22 on Friday. iShares Gold Trust has a 1 year low of $11.33 and a 1 year high of $14.90. The company’s 50-day moving average is $14.28 and its 200 day moving average is $13.08.

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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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:IAU).

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

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