TIAA Trust National Association Boosts Holdings in iShares Gold Trust (NYSEARCA:IAU)

TIAA Trust National Association increased its position in iShares Gold Trust (NYSEARCA:IAU) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 722,196 shares of the exchange traded fund’s stock after purchasing an additional 18,333 shares during the quarter. TIAA Trust National Association owned 0.11% of iShares Gold Trust worth $35,756,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC increased its position in shares of iShares Gold Trust by 2,943.8% during the fourth quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock worth $3,244,648,000 after acquiring an additional 63,382,112 shares during the last quarter. FMR LLC boosted its stake in shares of iShares Gold Trust by 0.3% during the 3rd quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock valued at $1,146,335,000 after buying an additional 60,784 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 9.6% during the third 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 in the last quarter. LPL Financial LLC increased its position in shares of iShares Gold Trust by 35.4% in the 4th quarter. LPL Financial LLC now owns 8,630,437 shares of the exchange traded fund’s stock worth $427,293,000 after purchasing an additional 2,257,590 shares during the last quarter. Finally, WealthNavi Inc. raised its stake in shares of iShares Gold Trust by 2.4% in the 4th quarter. WealthNavi Inc. now owns 5,924,001 shares of the exchange traded fund’s stock valued at $293,297,000 after purchasing an additional 141,211 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $56.70 on Tuesday. The company has a market capitalization of $40.62 billion, a price-to-earnings ratio of -34.13 and a beta of 0.20. iShares Gold Trust has a one year low of $41.05 and a one year high of $57.59. The stock has a 50-day simple moving average of $54.23 and a 200 day simple moving average of $51.47.

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.