Greenleaf Trust cut its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 5.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,416 shares of the exchange traded fund’s stock after selling 515 shares during the quarter. Greenleaf Trust’s holdings in iShares Gold Trust were worth $466,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Archer Investment Corp grew 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 acquiring an additional 529 shares during the last quarter. Valued Wealth Advisors LLC boosted its position in iShares Gold Trust by 65.7% in the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 333 shares during the period. Independence Bank of Kentucky purchased a new stake in iShares Gold Trust in the 4th quarter valued at about $52,000. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 635 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its position in iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 500 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.
iShares Gold Trust Stock Up 1.0 %
Shares of NYSEARCA IAU opened at $53.69 on Wednesday. The business has a fifty day simple moving average of $50.46 and a two-hundred day simple moving average of $49.28. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $53.69.
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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