FDx Advisors Inc. lowered its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 104,698 shares of the exchange traded fund’s stock after selling 7,994 shares during the period. iShares Gold Trust makes up about 1.5% of FDx Advisors Inc.’s portfolio, making the stock its 19th largest holding. FDx Advisors Inc.’s holdings in iShares Gold Trust were worth $5,184,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its holdings in shares of iShares Gold Trust by 36.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 11,184 shares of the exchange traded fund’s stock worth $556,000 after acquiring an additional 3,015 shares during the period. Signaturefd LLC lifted its holdings in shares of iShares Gold Trust by 11.9% during the 3rd quarter. Signaturefd LLC now owns 22,264 shares of the exchange traded fund’s stock worth $1,107,000 after acquiring an additional 2,362 shares during the period. Greenleaf Trust lifted its holdings in shares of iShares Gold Trust by 24.0% during the 3rd quarter. Greenleaf Trust now owns 9,931 shares of the exchange traded fund’s stock worth $494,000 after acquiring an additional 1,923 shares during the period. Wallington Asset Management LLC lifted its holdings in shares of iShares Gold Trust by 6.2% during the 3rd quarter. Wallington Asset Management LLC now owns 267,339 shares of the exchange traded fund’s stock worth $13,287,000 after acquiring an additional 15,700 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in shares of iShares Gold Trust by 4,843.7% during the 3rd quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after acquiring an additional 229,303 shares during the period. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Up 0.0 %
Shares of iShares Gold Trust stock opened at $55.44 on Friday. The company has a 50 day moving average of $51.54 and a 200-day moving average of $50.02. iShares Gold Trust has a 1-year low of $38.21 and a 1-year high of $55.60.
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.
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