Telos Capital Management Inc. lowered its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 10.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,091 shares of the exchange traded fund’s stock after selling 468 shares during the period. Telos Capital Management Inc.’s holdings in iShares Gold Trust were worth $203,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of IAU. AQR Capital Management LLC bought a new stake in iShares Gold Trust in the second quarter valued at approximately $683,000. Park Avenue Securities LLC lifted its position in shares of iShares Gold Trust by 16.5% in the 3rd quarter. Park Avenue Securities LLC now owns 10,286 shares of the exchange traded fund’s stock worth $511,000 after purchasing an additional 1,459 shares during the period. GAMMA Investing LLC boosted its stake in shares of iShares Gold Trust by 158.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after purchasing an additional 887 shares during the last quarter. Diversified Trust Co increased its position in shares of iShares Gold Trust by 17.4% during the third quarter. Diversified Trust Co now owns 6,506 shares of the exchange traded fund’s stock worth $323,000 after buying an additional 963 shares during the period. Finally, Cypress Wealth Services LLC bought a new position in iShares Gold Trust during the third quarter worth $382,000. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Up 0.1 %
Shares of IAU opened at $53.97 on Friday. The firm’s fifty day simple moving average is $50.71 and its two-hundred day simple moving average is $49.41. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $54.48.
About iShares Gold Trust
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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