Glass Jacobson Investment Advisors llc Trims Position in iShares Gold Trust (NYSEARCA:IAU)

Glass Jacobson Investment Advisors llc trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 25,499 shares of the exchange traded fund’s stock after selling 470 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in iShares Gold Trust were worth $1,267,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. FMR LLC boosted 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 worth $1,146,335,000 after buying an additional 60,784 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in 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 acquiring an additional 142,487 shares during the period. Empower Advisory Group LLC boosted its position in iShares Gold Trust by 0.8% in the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after purchasing an additional 111,210 shares in the last quarter. WealthNavi Inc. grew its stake in shares of iShares Gold Trust by 4.2% during the 3rd 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 period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of iShares Gold Trust by 15.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after purchasing an additional 479,796 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Up 0.0 %

IAU opened at $49.68 on Monday. The firm has a fifty day moving average price of $50.37 and a 200 day moving average price of $47.50. iShares Gold Trust has a 1 year low of $37.40 and a 1 year high of $52.69.

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.