iShares Gold Trust (NYSEARCA:IAU) Shares Bought by Pacific Capital Wealth Advisors Inc.

Pacific Capital Wealth Advisors Inc. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 17.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 101,918 shares of the exchange traded fund’s stock after purchasing an additional 14,949 shares during the quarter. iShares Gold Trust comprises 0.8% of Pacific Capital Wealth Advisors Inc.’s portfolio, making the stock its 21st largest position. Pacific Capital Wealth Advisors Inc.’s holdings in iShares Gold Trust were worth $5,046,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. FMR LLC grew 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 worth $1,146,335,000 after purchasing an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew 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 buying an additional 142,487 shares in the last quarter. Empower Advisory Group LLC increased 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 buying an additional 111,210 shares during the period. JPMorgan Chase & Co. raised 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 worth $557,498,000 after buying an additional 981,362 shares in the last quarter. Finally, WealthNavi Inc. lifted its stake in shares of 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. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 1.1 %

Shares of NYSEARCA IAU opened at $51.76 on Tuesday. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69. The stock has a fifty day moving average price of $50.17 and a two-hundred day moving average price of $49.01.

About iShares Gold Trust

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.