Ameriprise Financial Inc. Has $481.74 Million Position in iShares Gold Trust $IAU

Ameriprise Financial Inc. trimmed its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 0.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,607,356 shares of the exchange traded fund’s stock after selling 9,124 shares during the quarter. Ameriprise Financial Inc. owned about 0.80% of iShares Gold Trust worth $481,742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in IAU. Creative Planning grew its stake in iShares Gold Trust by 3.5% during the third quarter. Creative Planning now owns 790,958 shares of the exchange traded fund’s stock worth $57,558,000 after purchasing an additional 26,814 shares during the period. Zacks Investment Management bought a new stake in iShares Gold Trust in the third quarter worth approximately $243,000. Prairie Wealth Advisors Inc. lifted its stake in iShares Gold Trust by 1.1% in the third quarter. Prairie Wealth Advisors Inc. now owns 122,322 shares of the exchange traded fund’s stock valued at $8,901,000 after buying an additional 1,386 shares during the period. Cardiff Park Advisors LLC lifted its stake in iShares Gold Trust by 15.7% in the third quarter. Cardiff Park Advisors LLC now owns 29,918 shares of the exchange traded fund’s stock valued at $2,177,000 after buying an additional 4,069 shares during the period. Finally, Financial Sense Advisors Inc. lifted its stake in iShares Gold Trust by 4.6% in the third quarter. Financial Sense Advisors Inc. now owns 70,973 shares of the exchange traded fund’s stock valued at $5,165,000 after buying an additional 3,120 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $94.38 on Monday. The stock has a market capitalization of $79.69 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $55.78 and a 52-week high of $104.40. The stock’s 50 day moving average price is $93.05 and its two-hundred day moving average price is $81.93.

Key iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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