Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 18.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 439,232 shares of the exchange traded fund’s stock after selling 96,267 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in iShares Gold Trust were worth $5,438,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its position in iShares Gold Trust by 24.7% during the 3rd quarter. Renaissance Technologies LLC now owns 175,400 shares of the exchange traded fund’s stock worth $2,005,000 after acquiring an additional 34,700 shares during the period. Glenmede Trust Co. NA acquired a new stake in shares of iShares Gold Trust during the third quarter worth $345,000. Cohen & Steers Inc. raised its position in iShares Gold Trust by 3.0% during the third quarter. Cohen & Steers Inc. now owns 3,925,145 shares of the exchange traded fund’s stock valued at $44,864,000 after buying an additional 114,400 shares during the period. B. Riley Wealth Management Inc. acquired a new position in iShares Gold Trust during the third quarter valued at $119,000. Finally, Morgan Stanley raised its position in iShares Gold Trust by 19.2% during the third quarter. Morgan Stanley now owns 17,674,165 shares of the exchange traded fund’s stock valued at $202,016,000 after buying an additional 2,845,739 shares during the period.
IAU stock remained flat at $$12.19 during mid-day trading on Wednesday. The company’s stock had a trading volume of 7,501,225 shares, compared to its average volume of 14,308,466. iShares Gold Trust has a 12 month low of $11.25 and a 12 month high of $12.90.
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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.
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