iShares Gold Trust (NYSEARCA:IAU) Shares Sold by LifePlan Financial LLC

LifePlan Financial LLC lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,918 shares of the exchange traded fund’s stock after selling 8,521 shares during the quarter. iShares Gold Trust makes up 7.9% of LifePlan Financial LLC’s investment portfolio, making the stock its largest holding. LifePlan Financial LLC’s holdings in iShares Gold Trust were worth $8,957,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. 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 valued at $1,146,335,000 after purchasing an additional 60,784 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of 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 valued at $902,181,000 after purchasing an additional 142,487 shares during the period. Empower Advisory Group LLC boosted its holdings in shares of 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 during the period. JPMorgan Chase & Co. grew 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 last quarter. Finally, WealthNavi Inc. raised its holdings 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 worth $287,405,000 after acquiring 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 Trading Down 0.5 %

Shares of IAU stock opened at $50.99 on Tuesday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $52.69. The stock has a 50 day moving average of $49.87 and a two-hundred day moving average of $48.76.

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.