iShares Gold Trust(ETF) (NYSEARCA:IAU) Stake Lessened by Axa

AXA lessened its stake in iShares Gold Trust(ETF) (NYSEARCA:IAU) by 4.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 980,100 shares of the exchange traded fund’s stock after selling 48,000 shares during the period. AXA owned about 0.11% of iShares Gold Trust(ETF) worth $12,261,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Alliancebernstein L.P. lifted its position in shares of iShares Gold Trust(ETF) by 55.6% during the 4th quarter. Alliancebernstein L.P. now owns 24,851 shares of the exchange traded fund’s stock valued at $311,000 after buying an additional 8,885 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of iShares Gold Trust(ETF) during the 4th quarter valued at approximately $700,000. W. E. Donoghue & Co. LLC purchased a new position in shares of iShares Gold Trust(ETF) during the 4th quarter valued at approximately $6,820,000. Meridian Investment Counsel Inc. purchased a new position in shares of iShares Gold Trust(ETF) during the 4th quarter valued at approximately $3,137,000. Finally, Mengis Capital Management Inc. lifted its position in shares of iShares Gold Trust(ETF) by 5.9% during the 4th quarter. Mengis Capital Management Inc. now owns 118,650 shares of the exchange traded fund’s stock valued at $1,484,000 after buying an additional 6,600 shares in the last quarter.

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Shares of NYSEARCA:IAU traded up $0.16 during midday trading on Monday, reaching $12.89. 15,047,512 shares of the company’s stock traded hands, compared to its average volume of 12,918,646. iShares Gold Trus has a 1 year low of $11.61 and a 1 year high of $13.11.

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iShares Gold Trust(ETF) 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.

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

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