Aspect Partners LLC Has $3.07 Million Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Aspect Partners LLC lessened its stake in iShares Gold Trust (NYSEARCA:IAU) by 3.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,935 shares of the exchange traded fund’s stock after selling 2,419 shares during the quarter. iShares Gold Trust comprises approximately 1.8% of Aspect Partners LLC’s investment portfolio, making the stock its 15th biggest holding. Aspect Partners LLC’s holdings in iShares Gold Trust were worth $3,066,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Quadrature Capital Ltd bought a new position in iShares Gold Trust in the third quarter valued at about $95,801,000. Truist Financial Corp boosted its stake in shares of iShares Gold Trust by 56.8% in the 4th quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock valued at $205,976,000 after purchasing an additional 1,507,442 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares during the period. Park Avenue Securities LLC raised its stake in shares of iShares Gold Trust by 6,538.7% during the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock worth $33,808,000 after buying an additional 672,568 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its holdings in iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after buying an additional 666,330 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $55.42 on Thursday. The business has a 50 day simple moving average of $51.46 and a 200 day simple moving average of $49.98. iShares Gold Trust has a 52-week low of $38.21 and a 52-week high of $55.49.

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.