Bradley Foster & Sargent Inc. CT decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 64,359 shares of the exchange traded fund’s stock after selling 463 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in iShares Gold Trust were worth $3,186,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of IAU. Compass Financial Services Inc acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at about $27,000. Archer Investment Corp increased its position in iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares in the last quarter. Financial Life Planners acquired a new position in iShares Gold Trust during the 4th quarter worth approximately $33,000. Newbridge Financial Services Group Inc. bought a new position in iShares Gold Trust in the fourth quarter worth approximately $40,000. Finally, Valued Wealth Advisors LLC grew its stake in iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 333 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Stock Down 0.1 %
Shares of NYSEARCA:IAU opened at $55.39 on Friday. The stock’s 50 day moving average is $51.64 and its 200-day moving average is $50.06. iShares Gold Trust has a twelve month low of $38.21 and a twelve month high of $55.60.
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.
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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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