iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by TIAA Trust National Association

TIAA Trust National Association increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 722,196 shares of the exchange traded fund’s stock after acquiring an additional 18,333 shares during the quarter. TIAA Trust National Association’s holdings in iShares Gold Trust were worth $35,756,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth approximately $27,000. Wintrust Investments LLC bought a new position in iShares Gold Trust during the 4th quarter worth $29,000. Financial Life Planners acquired a new stake in iShares Gold Trust in the fourth quarter worth $33,000. Newbridge Financial Services Group Inc. bought a new stake in iShares Gold Trust in the fourth quarter valued at $40,000. Finally, Valued Wealth Advisors LLC boosted its holdings in shares of iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 333 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.5 %

IAU stock opened at $56.70 on Tuesday. The stock has a market cap of $40.62 billion, a PE ratio of -34.13 and a beta of 0.20. The firm’s 50-day simple moving average is $54.23 and its 200 day simple moving average is $51.47. iShares Gold Trust has a fifty-two week low of $41.05 and a fifty-two week high of $57.59.

iShares Gold Trust 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.