iShares Gold Trust (NYSEARCA:IAU) Stock Holdings Reduced by Ingalls & Snyder LLC

Ingalls & Snyder LLC lowered its position in iShares Gold Trust (NYSEARCA:IAU) by 35.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,389 shares of the exchange traded fund’s stock after selling 4,538 shares during the quarter. Ingalls & Snyder LLC’s holdings in iShares Gold Trust were worth $415,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Compass Financial Services Inc purchased a new position in iShares Gold Trust in the fourth quarter valued at about $27,000. Archer Investment Corp grew its stake in 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 purchasing an additional 529 shares in the last quarter. Financial Life Planners purchased a new position in iShares Gold Trust in the fourth quarter valued at about $33,000. Newbridge Financial Services Group Inc. purchased a new position in iShares Gold Trust in the fourth quarter valued at about $40,000. Finally, Valued Wealth Advisors LLC boosted its stake in shares of iShares Gold Trust by 65.7% during the 4th 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. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.0 %

IAU opened at $55.28 on Friday. The stock has a 50-day moving average of $51.07 and a 200-day moving average of $49.70. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $55.30.

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.