Winch Advisory Services LLC Decreases Holdings in iShares Gold Trust (NYSEARCA:IAU)

Winch Advisory Services LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 17.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,195 shares of the exchange traded fund’s stock after selling 1,991 shares during the period. Winch Advisory Services LLC’s holdings in iShares Gold Trust were worth $455,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Moors & Cabot Inc. grew its position in shares of iShares Gold Trust by 49.8% during the 2nd quarter. Moors & Cabot Inc. now owns 18,242 shares of the exchange traded fund’s stock valued at $801,000 after acquiring an additional 6,067 shares during the period. E Fund Management Co. Ltd. grew its holdings in iShares Gold Trust by 15.6% during the second quarter. E Fund Management Co. Ltd. now owns 87,044 shares of the exchange traded fund’s stock valued at $3,824,000 after purchasing an additional 11,720 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in iShares Gold Trust by 6.2% during the second quarter. Mercer Global Advisors Inc. ADV now owns 993,311 shares of the exchange traded fund’s stock valued at $42,800,000 after purchasing an additional 57,611 shares during the period. Blair William & Co. IL increased its position in iShares Gold Trust by 4.0% in the second quarter. Blair William & Co. IL now owns 321,497 shares of the exchange traded fund’s stock worth $14,123,000 after buying an additional 12,455 shares during the last quarter. Finally, Hsbc Holdings PLC raised its stake in shares of iShares Gold Trust by 713.8% in the second quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock valued at $33,339,000 after buying an additional 665,653 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.8 %

IAU stock opened at $50.91 on Thursday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The stock has a fifty day moving average of $49.85 and a 200-day moving average of $48.62.

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.