Vision Capital Management Inc. Lowers Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Vision Capital Management Inc. decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 365,746 shares of the exchange traded fund’s stock after selling 1,821 shares during the quarter. iShares Gold Trust makes up 2.7% of Vision Capital Management Inc.’s portfolio, making the stock its 10th biggest holding. Vision Capital Management Inc. owned 0.05% of iShares Gold Trust worth $18,108,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. TCP Asset Management LLC increased its position in iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 195 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its position in shares of iShares Gold Trust by 1.2% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after purchasing an additional 212 shares in the last quarter. Baker Avenue Asset Management LP grew its position in shares of iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 215 shares in the last quarter. SeaCrest Wealth Management LLC grew its position in shares of iShares Gold Trust by 2.7% during the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 215 shares in the last quarter. Finally, Howard Financial Services LTD. grew its position in shares of iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.6 %

NYSEARCA:IAU opened at $54.02 on Thursday. The stock has a 50-day moving average price of $50.54 and a 200 day moving average price of $49.34. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $54.40.

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.