GFS Advisors LLC Reduces Holdings in iShares Gold Trust (NYSEARCA:IAU)

GFS Advisors LLC cut its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 155,371 shares of the exchange traded fund’s stock after selling 1,189 shares during the period. GFS Advisors LLC’s holdings in iShares Gold Trust were worth $7,692,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Archer Investment Corp increased its position in shares of iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares in the last quarter. Valued Wealth Advisors LLC increased its position in iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 333 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares Gold Trust by 127.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 635 shares during the last quarter. Global Trust Asset Management LLC boosted its holdings in shares of iShares Gold Trust by 71.4% in the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 500 shares during the period. Finally, Raleigh Capital Management Inc. grew its position in shares of iShares Gold Trust by 15,750.0% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $63,000 after acquiring an additional 1,260 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.2 %

IAU stock opened at $52.87 on Friday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $53.18. The company has a fifty day moving average price of $50.35 and a 200 day moving average price of $49.15.

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.