Kings Path Partners LLC Cuts Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Kings Path Partners LLC cut its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 50.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,528 shares of the exchange traded fund’s stock after selling 3,611 shares during the quarter. Kings Path Partners LLC’s holdings in iShares Gold Trust were worth $175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of IAU. TCP Asset Management LLC grew its position 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 worth $332,000 after acquiring an additional 195 shares in the last quarter. Baker Avenue Asset Management LP raised its stake 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 valued at $374,000 after acquiring an additional 215 shares during the last quarter. Howard Financial Services LTD. grew its position in shares of iShares Gold Trust by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after buying an additional 220 shares during the last quarter. Avaii Wealth Management LLC increased its position in iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after purchasing an additional 249 shares during the period. Finally, FFG Partners LLC raised its stake in iShares Gold Trust by 0.9% in the third quarter. FFG Partners LLC now owns 29,300 shares of the exchange traded fund’s stock worth $1,456,000 after buying an additional 267 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.1 %

Shares of IAU traded down $0.03 on Monday, reaching $49.76. The stock had a trading volume of 2,635,162 shares, compared to its average volume of 3,301,573. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.69. The company has a 50-day simple moving average of $50.08 and a 200-day simple moving average of $48.31.

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.