Hilltop National Bank Decreases Holdings in iShares Gold Trust (NYSEARCA:IAU)

Hilltop National Bank lessened its holdings in iShares Gold Trust (NYSEARCA:IAU) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 83,134 shares of the exchange traded fund’s stock after selling 695 shares during the quarter. iShares Gold Trust accounts for approximately 1.2% of Hilltop National Bank’s holdings, making the stock its 14th largest holding. Hilltop National Bank’s holdings in iShares Gold Trust were worth $4,116,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IAU. Worth Asset Management LLC increased its position in shares of iShares Gold Trust by 266.3% in the 4th quarter. Worth Asset Management LLC now owns 18,984 shares of the exchange traded fund’s stock valued at $940,000 after acquiring an additional 13,802 shares during the period. One Wealth Capital Management LLC purchased a new stake in iShares Gold Trust during the 4th quarter valued at about $614,000. Advance Capital Management Inc. increased its holdings in shares of iShares Gold Trust by 30.1% in the fourth quarter. Advance Capital Management Inc. now owns 9,856 shares of the exchange traded fund’s stock valued at $488,000 after purchasing an additional 2,280 shares during the period. Silverleafe Capital Partners LLC raised its stake in shares of iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after purchasing an additional 689 shares during the last quarter. Finally, Global Wealth Strategies & Associates lifted its holdings in shares of iShares Gold Trust by 3.9% during the fourth quarter. Global Wealth Strategies & Associates now owns 133,502 shares of the exchange traded fund’s stock worth $6,610,000 after purchasing an additional 5,033 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA IAU traded up $0.49 during trading hours on Friday, reaching $50.78. The stock had a trading volume of 3,673,318 shares, compared to its average volume of 4,240,430. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $52.69. The stock has a fifty day moving average of $49.92 and a 200 day moving average of $48.41.

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.