Nomura Asset Management Co. Ltd. Has $2.65 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

Nomura Asset Management Co. Ltd. boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,600 shares of the exchange traded fund’s stock after purchasing an additional 200 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in iShares Gold Trust were worth $2,654,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Broadway Wealth Solutions Inc. bought a new position in shares of iShares Gold Trust during the fourth quarter worth about $327,000. Foundation Wealth Management LLC PA bought a new position in iShares Gold Trust during the 4th quarter worth approximately $205,000. Wells Financial Advisors INC acquired a new position in shares of iShares Gold Trust in the 4th quarter worth approximately $99,000. Arlington Capital Management Inc. boosted its stake in shares of iShares Gold Trust by 13.8% in the 4th quarter. Arlington Capital Management Inc. now owns 294,216 shares of the exchange traded fund’s stock valued at $14,567,000 after purchasing an additional 35,666 shares during the last quarter. Finally, Graney & King LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $199,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Up 0.2 %

Shares of NYSEARCA IAU opened at $58.95 on Thursday. The company has a market capitalization of $42.59 billion, a PE ratio of -35.73 and a beta of 0.17. The firm has a fifty day simple moving average of $55.19 and a 200 day simple moving average of $51.94. iShares Gold Trust has a twelve month low of $42.96 and a twelve month high of $59.15.

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.