ONE Advisory Partners LLC Buys Shares of 34,466 iShares Gold Trust (NYSEARCA:IAU)

ONE Advisory Partners LLC bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 34,466 shares of the exchange traded fund’s stock, valued at approximately $1,706,000. iShares Gold Trust comprises 0.8% of ONE Advisory Partners LLC’s holdings, making the stock its 22nd biggest position.

A number of other hedge funds have also made changes to their positions in the stock. FMR LLC raised its stake in iShares Gold Trust by 0.3% during 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 buying an additional 60,784 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of 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 acquiring an additional 142,487 shares during the last quarter. Empower Advisory Group LLC raised its position 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 valued at $741,610,000 after acquiring an additional 111,210 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares during the last quarter. Finally, WealthNavi Inc. lifted its stake 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 worth $287,405,000 after purchasing an additional 233,999 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.1 %

IAU stock opened at $51.98 on Friday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69. The firm has a fifty day moving average price of $50.02 and a two-hundred day moving average price of $48.88.

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.