Weil Company Inc. boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 25.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 166,090 shares of the exchange traded fund’s stock after purchasing an additional 33,230 shares during the period. iShares Gold Trust accounts for 1.6% of Weil Company Inc.’s investment portfolio, making the stock its 16th biggest holding. Weil Company Inc.’s holdings in iShares Gold Trust were worth $1,898,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Sumitomo Mitsui Trust Holdings Inc. grew its position in iShares Gold Trust by 12.3% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 64,911,618 shares of the exchange traded fund’s stock worth $741,940,000 after purchasing an additional 7,128,145 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in iShares Gold Trust during the 2nd quarter worth approximately $33,240,000. Arnhold LLC grew its position in iShares Gold Trust by 1,833.4% during the 3rd quarter. Arnhold LLC now owns 2,892,400 shares of the exchange traded fund’s stock worth $33,060,000 after purchasing an additional 2,742,800 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of iShares Gold Trust by 1,563.9% during the 2nd quarter. Bank of Montreal Can now owns 2,660,164 shares of the exchange traded fund’s stock valued at $31,975,000 after acquiring an additional 2,500,287 shares in the last quarter. Finally, Richard Bernstein Advisors LLC purchased a new position in shares of iShares Gold Trust during the 2nd quarter valued at $20,772,000.
iShares Gold Trust stock opened at $11.52 on Tuesday. iShares Gold Trust has a 12 month low of $11.25 and a 12 month high of $13.11.
iShares Gold Trust 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.
Featured Article: Dollar Cost Averaging
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).
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.