Huntington National Bank Sells 11,397 Shares of iShares Gold Trust $IAU

Huntington National Bank cut its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 213,313 shares of the exchange traded fund’s stock after selling 11,397 shares during the period. Huntington National Bank’s holdings in iShares Gold Trust were worth $15,523,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Ehrlich Financial Group grew its position in shares of iShares Gold Trust by 15.3% during the 3rd quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock valued at $3,266,000 after purchasing an additional 5,943 shares in the last quarter. Bay Harbor Wealth Management LLC raised its position in shares of iShares Gold Trust by 63.6% in the third quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock worth $4,041,000 after buying an additional 21,596 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its stake in iShares Gold Trust by 79.9% during the second quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock valued at $3,237,000 after buying an additional 23,054 shares during the period. First Horizon Corp purchased a new position in iShares Gold Trust during the third quarter worth about $1,863,000. Finally, Strategic Blueprint LLC increased its stake in iShares Gold Trust by 30.2% in the 3rd quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock worth $9,964,000 after acquiring an additional 31,746 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 1.3%

NYSEARCA:IAU opened at $99.07 on Friday. The stock has a market cap of $83.65 billion, a P/E ratio of 5.53 and a beta of 0.09. The business’s 50-day moving average price is $90.29 and its two-hundred day moving average price is $79.45. iShares Gold Trust has a twelve month low of $53.44 and a twelve month high of $104.40.

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iShares Gold Trust Company Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

See Also

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

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