Blue Trust Inc. Decreases Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Blue Trust Inc. decreased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 476,473 shares of the exchange traded fund’s stock after selling 19,579 shares during the period. Blue Trust Inc. owned 0.07% of iShares Gold Trust worth $23,681,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. Goldman Sachs Group Inc. lifted its stake in shares of iShares Gold Trust by 71.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 476,197 shares of the exchange traded fund’s stock worth $18,586,000 after buying an additional 198,034 shares during the period. Fisher Asset Management LLC acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $357,000. Banque Cantonale Vaudoise grew its position in iShares Gold Trust by 24.5% during the first quarter. Banque Cantonale Vaudoise now owns 8,720 shares of the exchange traded fund’s stock valued at $366,000 after buying an additional 1,718 shares during the period. Salem Investment Counselors Inc. increased its holdings in iShares Gold Trust by 28.8% in the first quarter. Salem Investment Counselors Inc. now owns 2,239 shares of the exchange traded fund’s stock valued at $94,000 after buying an additional 500 shares in the last quarter. Finally, D. Scott Neal Inc. raised its position in shares of iShares Gold Trust by 8.5% in the first quarter. D. Scott Neal Inc. now owns 44,249 shares of the exchange traded fund’s stock worth $1,859,000 after acquiring an additional 3,466 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of IAU opened at $51.37 on Friday. The stock’s 50 day moving average is $48.59 and its two-hundred day moving average is $45.97. iShares Gold Trust has a 12 month low of $36.57 and a 12 month high of $51.41.

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.