Capital Planning Advisors LLC Has $419,000 Position in iShares Gold Trust (NYSEARCA:IAU)

Capital Planning Advisors LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 8.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,464 shares of the exchange traded fund’s stock after selling 778 shares during the quarter. Capital Planning Advisors LLC’s holdings in iShares Gold Trust were worth $419,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC raised 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 in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake 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 in the last quarter. Empower Advisory Group LLC raised its stake in shares of iShares Gold Trust by 0.8% in 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. raised its stake in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares in the last quarter. Finally, WealthNavi Inc. grew its position in 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 valued at $287,405,000 after acquiring an additional 233,999 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 0.5 %

Shares of NYSEARCA:IAU opened at $51.78 on Thursday. The business’s fifty day moving average price is $50.02 and its two-hundred day moving average price is $48.88. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69.

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.