Cedar Hill Associates LLC Has $1.47 Million Position in iShares Gold Trust (IAU)

Cedar Hill Associates LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,097 shares of the exchange traded fund’s stock after selling 7,299 shares during the quarter. Cedar Hill Associates LLC’s holdings in iShares Gold Trust were worth $1,468,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IAU. Bank of New York Mellon Corp boosted its position in iShares Gold Trust by 24.2% during the 4th quarter. Bank of New York Mellon Corp now owns 158,522 shares of the exchange traded fund’s stock valued at $1,983,000 after purchasing an additional 30,921 shares during the period. Alliancebernstein L.P. boosted its position in iShares Gold Trust by 55.6% during the 4th quarter. Alliancebernstein L.P. now owns 24,851 shares of the exchange traded fund’s stock valued at $311,000 after purchasing an additional 8,885 shares during the period. Renaissance Technologies LLC acquired a new position in iShares Gold Trust during the 4th quarter valued at approximately $5,449,000. Wells Fargo & Company MN boosted its position in iShares Gold Trust by 16.4% during the 1st quarter. Wells Fargo & Company MN now owns 10,281,148 shares of the exchange traded fund’s stock valued at $130,879,000 after purchasing an additional 1,450,542 shares during the period. Finally, Howland Capital Management LLC boosted its position in iShares Gold Trust by 3.7% during the 1st quarter. Howland Capital Management LLC now owns 158,816 shares of the exchange traded fund’s stock valued at $2,022,000 after purchasing an additional 5,692 shares during the period.

Shares of iShares Gold Trust opened at $11.62 on Friday, MarketBeat reports. iShares Gold Trust has a 1-year low of $11.58 and a 1-year high of $13.11.

iShares Gold Trust Company 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.

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

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