Montis Financial LLC Sells 481 Shares of iShares Gold Trust (NYSEARCA:IAU)

Montis Financial LLC reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,524 shares of the exchange traded fund’s stock after selling 481 shares during the quarter. Montis Financial LLC’s holdings in iShares Gold Trust were worth $1,214,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Eagle Investment Management LLC raised its holdings in iShares Gold Trust by 13.2% during the 4th quarter. First Eagle Investment Management LLC now owns 3,834 shares of the exchange traded fund’s stock valued at $189,000 after buying an additional 448 shares during the last quarter. May Barnhard Investments LLC bought a new position in iShares Gold Trust in the 4th quarter worth $443,000. Atala Financial Inc bought a new position in iShares Gold Trust in the 4th quarter worth $506,000. Commonwealth Equity Services LLC raised its holdings in iShares Gold Trust by 5.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 3,238,078 shares of the exchange traded fund’s stock worth $160,317,000 after purchasing an additional 175,569 shares in the last quarter. Finally, HBK Sorce Advisory LLC raised its holdings in iShares Gold Trust by 4.1% in the 4th quarter. HBK Sorce Advisory LLC now owns 7,072 shares of the exchange traded fund’s stock worth $350,000 after purchasing an additional 276 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.0 %

Shares of NYSEARCA IAU opened at $56.29 on Friday. iShares Gold Trust has a 12 month low of $40.64 and a 12 month high of $56.53. The firm has a market capitalization of $38.20 billion, a PE ratio of -33.32 and a beta of 0.20. The firm has a fifty day simple moving average of $53.40 and a two-hundred day simple moving average of $51.00.

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.