Nomura Asset Management Co. Ltd. Has $10.83 Million Holdings in iShares Gold Trust $IAU

Nomura Asset Management Co. Ltd. increased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 107.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,675 shares of the exchange traded fund’s stock after buying an additional 89,875 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in iShares Gold Trust were worth $10,830,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. LPL Financial LLC raised its stake in iShares Gold Trust by 29.6% during the first quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock worth $659,340,000 after acquiring an additional 2,552,405 shares in the last quarter. WealthNavi Inc. grew its holdings in shares of iShares Gold Trust by 8.6% in the 2nd quarter. WealthNavi Inc. now owns 6,571,130 shares of the exchange traded fund’s stock worth $409,776,000 after purchasing an additional 521,530 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares Gold Trust by 10.5% during the 1st quarter. Ameriprise Financial Inc. now owns 6,467,599 shares of the exchange traded fund’s stock worth $381,929,000 after purchasing an additional 616,559 shares in the last quarter. Truist Financial Corp increased its position in shares of iShares Gold Trust by 14.4% during the 2nd quarter. Truist Financial Corp now owns 5,490,435 shares of the exchange traded fund’s stock worth $342,384,000 after purchasing an additional 692,844 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in iShares Gold Trust by 809.1% during the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock valued at $318,586,000 after purchasing an additional 4,546,835 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.1%

NYSEARCA:IAU opened at $76.78 on Thursday. The firm has a market cap of $63.27 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $48.83 and a 12 month high of $82.55. The company’s 50-day moving average price is $74.68 and its two-hundred day moving average price is $67.32.

iShares Gold Trust Profile

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.