Mather Group LLC. Sells 1,554 Shares of iShares Gold Trust (NYSEARCA:IAU)

Mather Group LLC. reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 10.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,484 shares of the exchange traded fund’s stock after selling 1,554 shares during the quarter. Mather Group LLC.’s holdings in iShares Gold Trust were worth $526,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of iShares Gold Trust by 0.6% during the 4th 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 buying an additional 121,364 shares in the last quarter. Charles Schwab Investment Advisory Inc. grew its position in iShares Gold Trust by 1.0% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 20,597,212 shares of the exchange traded fund’s stock valued at $720,696,000 after acquiring an additional 199,531 shares during the last quarter. Empower Advisory Group LLC grew its position in shares of iShares Gold Trust by 2.6% during the 3rd quarter. Empower Advisory Group LLC now owns 14,357,348 shares of the exchange traded fund’s stock worth $502,364,000 after buying an additional 366,559 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 58.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock worth $360,189,000 after buying an additional 3,815,686 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in shares of iShares Gold Trust by 13.6% during the 3rd quarter. HighTower Advisors LLC now owns 4,792,681 shares of the exchange traded fund’s stock worth $167,556,000 after buying an additional 573,424 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $43.68 on Thursday. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $45.98. The business has a fifty day moving average price of $42.11 and a 200 day moving average price of $39.49.

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.