Tanglewood Wealth Management Inc. Has $63.49 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Tanglewood Wealth Management Inc. boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 4.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,282,274 shares of the exchange traded fund’s stock after purchasing an additional 57,373 shares during the quarter. iShares Gold Trust comprises 7.3% of Tanglewood Wealth Management Inc.’s holdings, making the stock its 4th biggest position. Tanglewood Wealth Management Inc.’s holdings in iShares Gold Trust were worth $63,485,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. FMR LLC increased its stake 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 valued at $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 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 acquiring an additional 142,487 shares during the period. Empower Advisory Group LLC raised its stake 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 valued at $741,610,000 after acquiring an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. boosted its position in 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 acquiring an additional 981,362 shares during the period. Finally, WealthNavi Inc. grew its stake in shares of iShares Gold Trust by 4.2% in the third quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after purchasing an additional 233,999 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Price Performance

Shares of IAU opened at $52.87 on Friday. The stock’s fifty day moving average is $50.39 and its 200-day moving average is $49.21. iShares Gold Trust has a one year low of $37.53 and a one year high of $53.18.

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.