Gerber Kawasaki Wealth & Investment Management Has $2.34 Million Position in Ishares Gold Trust (IAU)

Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Ishares Gold Trust (NYSEARCA:IAU) by 14.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 183,598 shares of the exchange traded fund’s stock after purchasing an additional 22,557 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in Ishares Gold Trust were worth $2,337,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in IAU. Charles Schwab Investment Advisory Inc. lifted its holdings in Ishares Gold Trust by 13.5% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 89,264,065 shares of the exchange traded fund’s stock worth $1,136,331,000 after acquiring an additional 10,650,149 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Ishares Gold Trust by 8.0% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 51,372,900 shares of the exchange traded fund’s stock worth $653,977,000 after acquiring an additional 3,818,700 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Ishares Gold Trust by 16.4% during the first quarter. Wells Fargo & Company MN now owns 10,281,148 shares of the exchange traded fund’s stock worth $130,879,000 after acquiring an additional 1,450,542 shares in the last quarter. Personal Capital Advisors Corp lifted its holdings in Ishares Gold Trust by 12.1% during the fourth quarter. Personal Capital Advisors Corp now owns 9,183,952 shares of the exchange traded fund’s stock worth $114,891,000 after acquiring an additional 994,320 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in Ishares Gold Trust by 2.5% during the first quarter. Thrivent Financial for Lutherans now owns 6,985,878 shares of the exchange traded fund’s stock worth $88,931,000 after acquiring an additional 170,375 shares in the last quarter.

Ishares Gold Trust opened at $12.65 on Monday, Marketbeat reports. Ishares Gold Trust has a 1-year low of $11.61 and a 1-year high of $13.11.

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.

Institutional Ownership by Quarter for Ishares Gold Trust (NYSEARCA:IAU)

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