Oak Family Advisors LLC cut its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,576 shares of the exchange traded fund’s stock after selling 1,087 shares during the quarter. Oak Family Advisors LLC’s holdings in iShares Gold Trust were worth $1,563,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TCP Asset Management LLC raised its holdings in iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after acquiring an additional 195 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its stake in shares of iShares Gold Trust by 1.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock valued at $850,000 after purchasing an additional 212 shares in the last quarter. Baker Avenue Asset Management LP lifted its position in shares of iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 215 shares during the last quarter. SeaCrest Wealth Management LLC grew its stake in iShares Gold Trust by 2.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 215 shares in the last quarter. Finally, Howard Financial Services LTD. raised its stake in iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 0.2 %
Shares of IAU opened at $52.87 on Monday. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $53.18. The stock has a 50 day moving average of $50.39 and a 200-day moving average of $49.21.
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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