Kitching Partners LLC Buys 15,341 Shares of iShares Gold Trust (NYSEARCA:IAU)

Kitching Partners LLC grew its position in iShares Gold Trust (NYSEARCA:IAU) by 20.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,331 shares of the exchange traded fund’s stock after buying an additional 15,341 shares during the quarter. iShares Gold Trust makes up approximately 6.0% of Kitching Partners LLC’s portfolio, making the stock its 7th largest position. Kitching Partners LLC’s holdings in iShares Gold Trust were worth $4,440,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. FMR LLC grew its position 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 worth $1,146,335,000 after purchasing an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted 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 worth $902,181,000 after buying an additional 142,487 shares during the period. Empower Advisory Group LLC grew 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 valued at $741,610,000 after buying an additional 111,210 shares in the last quarter. WealthNavi Inc. raised its position in 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 valued at $287,405,000 after buying an additional 233,999 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in iShares Gold Trust by 15.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock worth $154,577,000 after acquiring an additional 479,796 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $50.25 on Friday. iShares Gold Trust has a one year low of $37.40 and a one year high of $52.69. The business has a 50-day moving average price of $50.41 and a two-hundred day moving average price of $47.33.

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.