Wellington Management Group LLP Has $10.59 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

Wellington Management Group LLP trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 271,400 shares of the exchange traded fund’s stock after selling 4,500 shares during the period. Wellington Management Group LLP’s holdings in iShares Gold Trust were worth $10,593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its position in shares of iShares Gold Trust by 226.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,060,223 shares of the exchange traded fund’s stock valued at $236,531,000 after buying an additional 4,200,989 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in 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 purchasing an additional 3,815,686 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in shares of iShares Gold Trust by 585.5% in the 3rd quarter. Axxcess Wealth Management LLC now owns 1,107,742 shares of the exchange traded fund’s stock valued at $38,760,000 after purchasing an additional 946,138 shares in the last quarter. Chevy Chase Trust Holdings LLC increased its stake in shares of iShares Gold Trust by 57.8% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 1,695,861 shares of the exchange traded fund’s stock valued at $66,189,000 after purchasing an additional 621,382 shares during the last quarter. Finally, Comerica Bank acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth $20,698,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $43.96 on Friday. The business has a fifty day simple moving average of $44.20 and a 200 day simple moving average of $41.36. iShares Gold Trust has a twelve month low of $34.35 and a twelve month high of $46.08.

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.