Blue Trust Inc. Sells 22,282 Shares of iShares Gold Trust (NYSEARCA:IAU)

Blue Trust Inc. trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 4.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 454,191 shares of the exchange traded fund’s stock after selling 22,282 shares during the quarter. Blue Trust Inc. owned approximately 0.07% of iShares Gold Trust worth $22,573,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp grew its holdings in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares Gold Trust by 127.0% in the third 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. Global Trust Asset Management LLC grew its holdings in shares of iShares Gold Trust by 71.4% in the third 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. Raleigh Capital Management Inc. lifted its position in iShares Gold Trust by 15,750.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $63,000 after buying an additional 1,260 shares during the last quarter. Finally, McIlrath & Eck LLC lifted its position in iShares Gold Trust by 34.3% in the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 341 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of IAU opened at $52.31 on Monday. The business has a fifty day moving average of $50.17 and a 200 day moving average of $48.98. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $52.69.

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.