iShares Gold Trust (NYSEARCA:IAU) Holdings Decreased by Mader & Shannon Wealth Management Inc.

Mader & Shannon Wealth Management Inc. decreased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 511,310 shares of the exchange traded fund’s stock after selling 16,639 shares during the period. iShares Gold Trust makes up approximately 15.7% of Mader & Shannon Wealth Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Mader & Shannon Wealth Management Inc.’s holdings in iShares Gold Trust were worth $25,315,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. FMR LLC lifted its holdings in shares of iShares Gold Trust by 0.3% during 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 during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of iShares Gold Trust by 0.8% during 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 purchasing an additional 142,487 shares during the period. Empower Advisory Group LLC lifted its holdings in shares of iShares Gold Trust by 0.8% during 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 purchasing an additional 111,210 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares during the period. Finally, WealthNavi Inc. lifted its holdings in shares of iShares Gold Trust by 4.2% during 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 during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.1 %

iShares Gold Trust stock opened at $55.42 on Thursday. iShares Gold Trust has a 52 week low of $38.21 and a 52 week high of $55.49. The stock has a 50-day moving average price of $51.46 and a 200 day moving average price of $49.98.

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.