iShares Gold Trust $IAU Stock: Vision Capital Management Inc. Raises Position

Vision Capital Management Inc. lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 3.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 317,911 shares of the exchange traded fund’s stock after buying an additional 10,053 shares during the quarter. iShares Gold Trust makes up about 2.8% of Vision Capital Management Inc.’s portfolio, making the stock its 9th biggest position. Vision Capital Management Inc.’s holdings in iShares Gold Trust were worth $24,829,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in iShares Gold Trust by 18.0% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 362,314 shares of the exchange traded fund’s stock valued at $28,297,000 after acquiring an additional 55,169 shares during the period. CFS Investment Advisory Services LLC increased its stake in iShares Gold Trust by 6.7% in the third quarter. CFS Investment Advisory Services LLC now owns 5,363 shares of the exchange traded fund’s stock worth $420,000 after purchasing an additional 339 shares during the period. Retirement Planning Group LLC increased its stake in iShares Gold Trust by 0.7% in the third quarter. Retirement Planning Group LLC now owns 19,160 shares of the exchange traded fund’s stock worth $1,496,000 after purchasing an additional 130 shares during the period. Novem Group increased its stake in iShares Gold Trust by 51.5% in the third quarter. Novem Group now owns 26,850 shares of the exchange traded fund’s stock worth $2,097,000 after purchasing an additional 9,128 shares during the period. Finally, Highland Financial Advisors LLC lifted its position in shares of iShares Gold Trust by 3.1% during the third quarter. Highland Financial Advisors LLC now owns 127,357 shares of the exchange traded fund’s stock worth $9,947,000 after purchasing an additional 3,819 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Down 0.6%

NYSEARCA:IAU opened at $77.85 on Tuesday. The company has a market cap of $61.39 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a twelve month low of $73.74 and a twelve month high of $104.40. The stock has a fifty day simple moving average of $81.37 and a 200-day simple moving average of $82.03.

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).