Northern Trust Corp Has $155.81 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

Northern Trust Corp grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,147,030 shares of the exchange traded fund’s stock after buying an additional 197,985 shares during the quarter. Northern Trust Corp’s holdings in iShares Gold Trust were worth $155,809,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of IAU. World Investment Advisors LLC boosted its stake in iShares Gold Trust by 114.2% in the third quarter. World Investment Advisors LLC now owns 33,665 shares of the exchange traded fund’s stock worth $1,798,000 after purchasing an additional 17,950 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in iShares Gold Trust during the 3rd quarter worth about $388,000. Tidal Investments LLC grew its holdings in iShares Gold Trust by 542.9% during the 3rd quarter. Tidal Investments LLC now owns 51,277 shares of the exchange traded fund’s stock worth $2,548,000 after acquiring an additional 43,301 shares during the last quarter. Synovus Financial Corp raised its stake in shares of iShares Gold Trust by 97.8% in the third quarter. Synovus Financial Corp now owns 82,184 shares of the exchange traded fund’s stock worth $4,085,000 after acquiring an additional 40,640 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of iShares Gold Trust by 0.7% during the third quarter. Franklin Resources Inc. now owns 1,256,447 shares of the exchange traded fund’s stock worth $62,948,000 after purchasing an additional 8,407 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU opened at $60.97 on Friday. The company’s 50 day simple moving average is $58.43 and its 200-day simple moving average is $53.74. iShares Gold Trust has a one year low of $43.05 and a one year high of $64.98. The stock has a market capitalization of $44.79 billion, a P/E ratio of -37.96 and a beta of 0.17.

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.