iShares Gold Trust (IAU) is Gibson Capital LLC’s 6th Largest Position

Share on StockTwits

Gibson Capital LLC cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 16.5% in the 1st quarter, HoldingsChannel reports. The fund owned 882,341 shares of the exchange traded fund’s stock after selling 174,197 shares during the period. iShares Gold Trust comprises approximately 3.6% of Gibson Capital LLC’s holdings, making the stock its 6th largest position. Gibson Capital LLC’s holdings in iShares Gold Trust were worth $10,867,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Morgan Stanley increased its position in iShares Gold Trust by 19.2% in the 3rd quarter. Morgan Stanley now owns 17,674,165 shares of the exchange traded fund’s stock valued at $202,016,000 after buying an additional 2,845,739 shares in the last quarter. Deutsche Bank AG bought a new stake in iShares Gold Trust in the 4th quarter valued at about $34,306,000. Elephas Investment Management Ltd bought a new stake in iShares Gold Trust in the 4th quarter valued at about $31,340,000. Bailard Inc. bought a new stake in iShares Gold Trust in the 4th quarter valued at about $29,207,000. Finally, Nadler Financial Group Inc. increased its position in iShares Gold Trust by 2,623.1% in the 1st quarter. Nadler Financial Group Inc. now owns 1,834,009 shares of the exchange traded fund’s stock valued at $22,705,000 after buying an additional 1,766,659 shares in the last quarter.

iShares Gold Trust stock traded down $0.04 during midday trading on Wednesday, reaching $12.19. The stock had a trading volume of 102,412 shares, compared to its average volume of 14,349,943. iShares Gold Trust has a 12 month low of $11.25 and a 12 month high of $13.02.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Zolmax and is the property of of Zolmax. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and international copyright law. The correct version of this piece of content can be read at https://zolmax.com/investing/ishares-gold-trust-iau-is-gibson-capital-llcs-6th-largest-position/3042117.html.

iShares Gold Trust 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.

See Also: Understanding debt-to-equity ratio in fundamental analysis

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).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Deutsche Wohnen  PT Set at €49.00 by Deutsche Bank
Deutsche Wohnen PT Set at €49.00 by Deutsche Bank
Royal Bank of Canada Reiterates “€130.00” Price Target for Hannover Re
Royal Bank of Canada Reiterates “€130.00” Price Target for Hannover Re
Sartorius  Given a €153.50 Price Target by Warburg Research Analysts
Sartorius Given a €153.50 Price Target by Warburg Research Analysts
Q1 2019 EPS Estimates for Yamana Gold Inc.  Boosted by Cormark
Q1 2019 EPS Estimates for Yamana Gold Inc. Boosted by Cormark
Covia Holdings  to Post Q1 2019 Earnings of  Per Share, Piper Jaffray Companies Forecasts
Covia Holdings to Post Q1 2019 Earnings of Per Share, Piper Jaffray Companies Forecasts
Management Resource Solutions  Trading Down 9.4%
Management Resource Solutions Trading Down 9.4%


 
© 2006-2019 Zolmax.