Sapient Capital LLC Boosts Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Sapient Capital LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 185,871 shares of the exchange traded fund’s stock after acquiring an additional 229 shares during the quarter. Sapient Capital LLC’s holdings in iShares Gold Trust were worth $10,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Quadrant Private Wealth Management LLC boosted its stake in iShares Gold Trust by 2.3% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 195 shares in the last quarter. TPG Advisors LLC boosted its stake in iShares Gold Trust by 0.7% in the fourth quarter. TPG Advisors LLC now owns 28,025 shares of the exchange traded fund’s stock worth $1,388,000 after buying an additional 199 shares in the last quarter. Betterment LLC boosted its stake in iShares Gold Trust by 1.8% in the fourth quarter. Betterment LLC now owns 11,021 shares of the exchange traded fund’s stock worth $546,000 after buying an additional 199 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in iShares Gold Trust by 0.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 53,600 shares of the exchange traded fund’s stock worth $2,654,000 after buying an additional 200 shares in the last quarter. Finally, Capital Investment Advisors LLC boosted its stake in iShares Gold Trust by 1.5% in the first quarter. Capital Investment Advisors LLC now owns 15,915 shares of the exchange traded fund’s stock worth $938,000 after buying an additional 234 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of IAU opened at $63.12 on Thursday. The firm has a market cap of $46.46 billion, a P/E ratio of -38.57 and a beta of 0.12. The stock has a 50 day simple moving average of $61.79 and a two-hundred day simple moving average of $55.99. iShares Gold Trust has a 1 year low of $43.35 and a 1 year high of $64.98.

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.