iShares Gold Trust (NYSEARCA:IAU) Stake Lessened by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management decreased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,099 shares of the exchange traded fund’s stock after selling 954 shares during the period. Hanson & Doremus Investment Management’s holdings in iShares Gold Trust were worth $698,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Archer Investment Corp lifted its holdings in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the period. Valued Wealth Advisors LLC raised its position in iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 333 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares Gold Trust by 127.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 635 shares in the last quarter. Global Trust Asset Management LLC lifted its holdings in iShares Gold Trust by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 500 shares during the last quarter. Finally, Raleigh Capital Management Inc. boosted its position in shares of iShares Gold Trust by 15,750.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 1,260 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 0.3 %

NYSEARCA IAU opened at $52.00 on Thursday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $52.69. The company’s 50 day simple moving average is $50.27 and its 200 day simple moving average is $49.10.

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.