Cornerstone Wealth Management LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 70.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 256,244 shares of the exchange traded fund’s stock after acquiring an additional 105,491 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares Gold Trust were worth $20,748,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IAU. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of iShares Gold Trust by 12.5% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 57,783,473 shares of the exchange traded fund’s stock worth $694,557,000 after acquiring an additional 6,410,573 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of iShares Gold Trust during the second quarter worth approximately $33,240,000. Bank of Montreal Can grew its position in shares of iShares Gold Trust by 1,563.9% during the second quarter. Bank of Montreal Can now owns 2,660,164 shares of the exchange traded fund’s stock worth $31,975,000 after acquiring an additional 2,500,287 shares during the last quarter. Richard Bernstein Advisors LLC purchased a new position in shares of iShares Gold Trust during the second quarter worth approximately $20,772,000. Finally, Personal Capital Advisors Corp grew its position in shares of iShares Gold Trust by 13.0% during the third quarter. Personal Capital Advisors Corp now owns 12,938,205 shares of the exchange traded fund’s stock worth $147,884,000 after acquiring an additional 1,493,120 shares during the last quarter.

Shares of IAU opened at $11.75 on Friday. iShares Gold Trust has a 12-month low of $11.25 and a 12-month high of $13.11.

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

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