Maltin Wealth Management Inc. Increases Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Maltin Wealth Management Inc. lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 126,631 shares of the exchange traded fund’s stock after buying an additional 714 shares during the period. iShares Gold Trust makes up 3.1% of Maltin Wealth Management Inc.’s portfolio, making the stock its 3rd biggest position. Maltin Wealth Management Inc.’s holdings in iShares Gold Trust were worth $6,270,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IAU. FMR LLC lifted its stake in shares of iShares Gold Trust by 0.3% in the 3rd 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 during the period. Sumitomo Mitsui Trust Group Inc. increased its position in iShares Gold Trust by 0.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock worth $902,181,000 after buying an additional 142,487 shares in the last quarter. Empower Advisory Group LLC raised its stake in shares of iShares Gold Trust by 0.8% in the third 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 during the period. JPMorgan Chase & Co. lifted its position 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 valued at $557,498,000 after buying an additional 981,362 shares in the last quarter. Finally, WealthNavi Inc. grew its stake in shares of iShares Gold Trust by 4.2% during 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 during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $50.99 on Monday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $52.69. The company’s 50 day moving average is $49.87 and its two-hundred day moving average is $48.76.

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.