iShares Gold Trust $IAU Shares Acquired by Emory University

Emory University lifted its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 9.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,184,469 shares of the exchange traded fund’s stock after acquiring an additional 103,520 shares during the quarter. iShares Gold Trust comprises about 61.2% of Emory University’s investment portfolio, making the stock its largest position. Emory University’s holdings in iShares Gold Trust were worth $96,143,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Schmidt P J Investment Management Inc. boosted its position in iShares Gold Trust by 1.1% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after purchasing an additional 106 shares during the last quarter. Foster Group Inc. boosted its position in iShares Gold Trust by 2.4% during the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after purchasing an additional 120 shares during the last quarter. Nemes Rush Group LLC boosted its position in iShares Gold Trust by 1.9% during the fourth quarter. Nemes Rush Group LLC now owns 6,982 shares of the exchange traded fund’s stock valued at $567,000 after purchasing an additional 130 shares during the last quarter. Two West Capital Advisors LLC boosted its position in iShares Gold Trust by 1.9% during the fourth quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock valued at $571,000 after purchasing an additional 132 shares during the last quarter. Finally, Focused Wealth Management Inc boosted its position in iShares Gold Trust by 3.4% during the fourth quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 132 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust News Summary

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iShares Gold Trust Trading Down 3.6%

IAU opened at $81.22 on Friday. The stock has a market cap of $69.15 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 1 year low of $61.37 and a 1 year high of $104.40. The stock has a fifty day moving average price of $87.03 and a 200 day moving average price of $87.51.

About iShares Gold Trust

(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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