iShares Gold Trust (NYSEARCA:IAU) is Quent Capital LLC’s 8th Largest Position

Quent Capital LLC lowered its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 455,867 shares of the exchange traded fund’s stock after selling 5,377 shares during the quarter. iShares Gold Trust accounts for approximately 2.3% of Quent Capital LLC’s investment portfolio, making the stock its 8th biggest holding. Quent Capital LLC owned 0.07% of iShares Gold Trust worth $22,570,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. FMR LLC raised its position in iShares Gold Trust by 0.3% in the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock worth $1,146,335,000 after acquiring an additional 60,784 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of iShares Gold Trust by 0.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock worth $902,181,000 after purchasing an additional 142,487 shares during the last quarter. Empower Advisory Group LLC increased its stake in shares of iShares Gold Trust by 0.8% during the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock worth $741,610,000 after purchasing an additional 111,210 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares during the period. Finally, WealthNavi Inc. lifted its stake in iShares Gold Trust by 4.2% in the third quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock valued at $287,405,000 after purchasing an additional 233,999 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of IAU opened at $54.88 on Tuesday. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $54.95. The stock’s fifty day moving average price is $50.78 and its two-hundred day moving average price is $49.52.

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.