iShares Gold Trust (NYSEARCA:IAU) Position Reduced by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,964 shares of the exchange traded fund’s stock after selling 2,023 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares Gold Trust were worth $1,918,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. FMR LLC grew its stake in iShares Gold Trust by 0.3% during the 3rd quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock valued at $1,146,335,000 after acquiring an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted 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 grew its position in 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 valued at $741,610,000 after purchasing an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares Gold Trust by 9.6% in 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 during the period. Finally, WealthNavi Inc. increased its stake in 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 buying an additional 233,999 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $54.02 on Thursday. The firm has a fifty day moving average of $50.54 and a two-hundred day moving average of $49.34. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $54.40.

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.