Mosley Wealth Management Has $1.30 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

Mosley Wealth Management boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 3.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,932 shares of the exchange traded fund’s stock after buying an additional 1,028 shares during the period. iShares Gold Trust makes up 1.2% of Mosley Wealth Management’s holdings, making the stock its 18th biggest holding. Mosley Wealth Management’s holdings in iShares Gold Trust were worth $1,299,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Holdings Inc. increased its stake in iShares Gold Trust by 0.6% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 21,572,711 shares of the exchange traded fund’s stock valued at $841,983,000 after purchasing an additional 121,364 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of iShares Gold Trust by 4.2% during the fourth quarter. Wells Fargo & Company MN now owns 11,592,328 shares of the exchange traded fund’s stock worth $452,449,000 after acquiring an additional 463,281 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Gold Trust by 58.9% during the third quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock worth $360,189,000 after acquiring an additional 3,815,686 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of iShares Gold Trust by 226.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,060,223 shares of the exchange traded fund’s stock worth $236,531,000 after acquiring an additional 4,200,989 shares in the last quarter. Finally, WealthNavi Inc. increased its position in shares of iShares Gold Trust by 12.9% during the fourth quarter. WealthNavi Inc. now owns 4,414,668 shares of the exchange traded fund’s stock worth $172,304,000 after acquiring an additional 505,352 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Up 1.2 %

Shares of NYSEARCA:IAU traded up $0.52 during midday trading on Thursday, hitting $43.98. 2,261,149 shares of the company’s stock were exchanged, compared to its average volume of 6,418,501. The stock has a 50 day moving average price of $44.25 and a 200-day moving average price of $41.33. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $46.08.

iShares Gold Trust Company 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.