iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Davies Financial Advisors Inc.

Davies Financial Advisors Inc. raised its position in iShares Gold Trust (NYSEARCA:IAU) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,705 shares of the exchange traded fund’s stock after purchasing an additional 951 shares during the quarter. iShares Gold Trust accounts for approximately 3.6% of Davies Financial Advisors Inc.’s holdings, making the stock its 6th largest holding. Davies Financial Advisors Inc.’s holdings in iShares Gold Trust were worth $4,243,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IAU. FMR LLC lifted its position in shares of iShares Gold Trust by 0.3% in the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock worth $1,146,335,000 after purchasing an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in iShares Gold Trust by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock valued at $902,181,000 after buying an additional 142,487 shares during the last quarter. Empower Advisory Group LLC lifted its position in iShares Gold Trust by 0.8% during the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after buying an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares during the last quarter. Finally, WealthNavi Inc. grew its holdings in shares of iShares Gold Trust by 4.2% in the 3rd quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock valued at $287,405,000 after acquiring an additional 233,999 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Down 0.5 %

NYSEARCA:IAU opened at $50.99 on Tuesday. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $52.69. The stock’s 50-day simple moving average is $49.87 and its 200 day simple moving average is $48.76.

About iShares Gold Trust

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.