iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Capital Analysts LLC

Capital Analysts LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 34.9% during the fourth quarter, Holdings Channel reports. The firm owned 4,099 shares of the exchange traded fund’s stock after selling 2,195 shares during the period. Capital Analysts LLC’s holdings in iShares Gold Trust were worth $160,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Oak Family Advisors LLC raised its holdings in iShares Gold Trust by 1.8% during the fourth quarter. Oak Family Advisors LLC now owns 23,817 shares of the exchange traded fund’s stock worth $930,000 after purchasing an additional 412 shares in the last quarter. Grove Bank & Trust raised its holdings in iShares Gold Trust by 3.6% during the fourth quarter. Grove Bank & Trust now owns 12,868 shares of the exchange traded fund’s stock worth $502,000 after purchasing an additional 443 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in iShares Gold Trust by 132.0% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,583 shares of the exchange traded fund’s stock worth $881,000 after purchasing an additional 12,847 shares in the last quarter. Carnegie Capital Asset Management LLC raised its holdings in iShares Gold Trust by 3.5% during the fourth quarter. Carnegie Capital Asset Management LLC now owns 15,301 shares of the exchange traded fund’s stock worth $597,000 after purchasing an additional 517 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in iShares Gold Trust by 0.6% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 21,572,711 shares of the exchange traded fund’s stock worth $841,983,000 after purchasing an additional 121,364 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.3 %

Shares of iShares Gold Trust stock opened at $45.01 on Friday. The firm’s fifty day simple moving average is $41.04 and its 200-day simple moving average is $38.90. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $45.98.

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.