iShares Gold Trust $IAU is Maltin Wealth Management Inc.’s 4th Largest Position

Maltin Wealth Management Inc. decreased its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 18.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,560 shares of the exchange traded fund’s stock after selling 24,499 shares during the quarter. iShares Gold Trust comprises 3.4% of Maltin Wealth Management Inc.’s holdings, making the stock its 4th largest holding. Maltin Wealth Management Inc.’s holdings in iShares Gold Trust were worth $8,568,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth about $1,864,000. Bison Wealth LLC lifted its position in iShares Gold Trust by 78.5% in the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after buying an additional 7,379 shares during the last quarter. AQR Capital Management LLC lifted its position in iShares Gold Trust by 47.0% in the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after buying an additional 8,609 shares during the last quarter. M&T Bank Corp boosted its stake in iShares Gold Trust by 4.2% during the second quarter. M&T Bank Corp now owns 300,016 shares of the exchange traded fund’s stock worth $18,709,000 after buying an additional 12,144 shares during the period. Finally, Elios Financial Group Inc. acquired a new stake in shares of iShares Gold Trust during the second quarter valued at about $219,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

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iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $88.16 on Wednesday. The company’s 50 day simple moving average is $93.30 and its 200-day simple moving average is $83.59. iShares Gold Trust has a 1 year low of $55.78 and a 1 year high of $104.40. The company has a market capitalization of $74.44 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

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).

Further Reading

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

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