iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by AE Wealth Management LLC

AE Wealth Management LLC raised its stake in iShares Gold Trust (NYSEARCA:IAU) by 37.8% in the third quarter, HoldingsChannel.com reports. The fund owned 161,038 shares of the exchange traded fund’s stock after purchasing an additional 44,144 shares during the quarter. AE Wealth Management LLC’s holdings in iShares Gold Trust were worth $2,271,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in shares of iShares Gold Trust by 1.5% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 98,077,401 shares of the exchange traded fund’s stock worth $1,324,045,000 after acquiring an additional 1,448,445 shares during the last quarter. Charles Schwab Investment Advisory Inc. raised its holdings in shares of iShares Gold Trust by 10.6% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 62,033,652 shares of the exchange traded fund’s stock worth $837,455,000 after acquiring an additional 5,923,930 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Gold Trust by 4.2% in the second quarter. Bank of America Corp DE now owns 31,519,839 shares of the exchange traded fund’s stock worth $425,517,000 after acquiring an additional 1,277,494 shares during the last quarter. Morgan Stanley raised its holdings in shares of iShares Gold Trust by 4.3% in the second quarter. Morgan Stanley now owns 25,156,300 shares of the exchange traded fund’s stock worth $339,610,000 after acquiring an additional 1,037,583 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of iShares Gold Trust by 11.5% in the second quarter. UBS Group AG now owns 13,366,055 shares of the exchange traded fund’s stock worth $180,442,000 after acquiring an additional 1,375,524 shares during the last quarter.

NYSEARCA IAU opened at $14.00 on Thursday. iShares Gold Trust has a fifty-two week low of $11.49 and a fifty-two week high of $14.90. The business has a fifty day moving average of $14.28 and a 200-day moving average of $13.64.

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

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