Mather Group LLC. Has $4.73 Million Position in iShares Gold Trust $IAU

Mather Group LLC. boosted its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 68.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,216 shares of the exchange traded fund’s stock after acquiring an additional 23,577 shares during the quarter. Mather Group LLC.’s holdings in iShares Gold Trust were worth $4,725,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IAU. Bank of America Corp DE grew its stake in shares of iShares Gold Trust by 1.5% in the 3rd quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock valued at $2,241,280,000 after purchasing an additional 456,140 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares Gold Trust by 47.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after buying an additional 6,623,876 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Gold Trust by 20.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock worth $958,034,000 after buying an additional 2,245,617 shares during the period. UBS Group AG boosted its stake in iShares Gold Trust by 6.5% in the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock valued at $665,704,000 after buying an additional 561,489 shares in the last quarter. Finally, WealthNavi Inc. boosted its stake in iShares Gold Trust by 8.5% in the 3rd quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock valued at $518,890,000 after buying an additional 559,413 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $82.09 on Friday. The business’s fifty day moving average price is $93.38 and its two-hundred day moving average price is $83.02. iShares Gold Trust has a fifty-two week low of $55.78 and a fifty-two week high of $104.40. The stock has a market capitalization of $69.31 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

Key iShares Gold Trust News

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iShares Gold Trust 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).

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

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