iShares Gold Trust (IAU) Stake Decreased by JPMorgan Chase & Co.

JPMorgan Chase & Co. lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 40.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,678,299 shares of the exchange traded fund’s stock after selling 4,530,055 shares during the period. JPMorgan Chase & Co. owned approximately 0.85% of iShares Gold Trust worth $82,543,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Financial Counselors Inc. lifted its stake in iShares Gold Trust by 0.3% in the 2nd quarter. Financial Counselors Inc. now owns 25,420 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 70 shares during the last quarter. Advisory Services Network LLC lifted its stake in iShares Gold Trust by 1.4% in the 2nd quarter. Advisory Services Network LLC now owns 9,759 shares of the exchange traded fund’s stock valued at $117,000 after purchasing an additional 134 shares during the last quarter. Lincoln National Corp lifted its stake in iShares Gold Trust by 0.7% in the 2nd quarter. Lincoln National Corp now owns 34,275 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 242 shares during the last quarter. IFC Holdings Incorporated FL lifted its stake in iShares Gold Trust by 3.9% in the 2nd quarter. IFC Holdings Incorporated FL now owns 15,241 shares of the exchange traded fund’s stock valued at $182,000 after purchasing an additional 572 shares during the last quarter. Finally, Pinnacle Financial Partners Inc. lifted its stake in iShares Gold Trust by 5.8% in the 2nd quarter. Pinnacle Financial Partners Inc. now owns 10,959 shares of the exchange traded fund’s stock valued at $131,000 after purchasing an additional 600 shares during the last quarter.

Shares of iShares Gold Trust (NYSEARCA IAU) traded down $0.03 during trading hours on Wednesday, reaching $12.14. 9,019,200 shares of the company traded hands, compared to its average volume of 8,374,335. iShares Gold Trust has a fifty-two week low of $10.81 and a fifty-two week high of $12.98.

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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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