Blue Trust Inc. Sells 22,282 Shares of iShares Gold Trust (NYSEARCA:IAU)

Blue Trust Inc. reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 4.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 454,191 shares of the exchange traded fund’s stock after selling 22,282 shares during the period. Blue Trust Inc.’s holdings in iShares Gold Trust were worth $22,573,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in IAU. AQR Capital Management LLC bought a new stake in shares of iShares Gold Trust in the second quarter valued at about $683,000. SkyView Investment Advisors LLC grew its stake in iShares Gold Trust by 0.7% in the second quarter. SkyView Investment Advisors LLC now owns 484,854 shares of the exchange traded fund’s stock valued at $21,300,000 after purchasing an additional 3,177 shares during the last quarter. Kitching Partners LLC grew its stake in iShares Gold Trust by 5.8% in the second quarter. Kitching Partners LLC now owns 73,990 shares of the exchange traded fund’s stock valued at $3,250,000 after purchasing an additional 4,037 shares during the last quarter. Creative Planning grew its stake in iShares Gold Trust by 1.2% in the second quarter. Creative Planning now owns 798,044 shares of the exchange traded fund’s stock valued at $35,058,000 after purchasing an additional 9,705 shares during the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new position in iShares Gold Trust in the second quarter valued at about $1,300,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.6 %

IAU opened at $52.31 on Monday. The business’s 50-day moving average is $50.17 and its two-hundred day moving average is $48.98. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69.

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.