iShares Gold Trust (NYSEARCA:IAU) Stock Position Lessened by Alhambra Investment Management LLC

Alhambra Investment Management LLC trimmed its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,185 shares of the exchange traded fund’s stock after selling 3,331 shares during the quarter. iShares Gold Trust accounts for approximately 2.4% of Alhambra Investment Management LLC’s investment portfolio, making the stock its 8th biggest position. Alhambra Investment Management LLC’s holdings in iShares Gold Trust were worth $4,663,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Blair William & Co. IL raised its holdings in iShares Gold Trust by 4.0% during the second quarter. Blair William & Co. IL now owns 321,497 shares of the exchange traded fund’s stock worth $14,123,000 after purchasing an additional 12,455 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of iShares Gold Trust by 713.8% in the 2nd quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock valued at $33,339,000 after purchasing an additional 665,653 shares during the last quarter. Callan Capital LLC lifted its stake in iShares Gold Trust by 127.3% in the second quarter. Callan Capital LLC now owns 27,338 shares of the exchange traded fund’s stock valued at $1,201,000 after buying an additional 15,312 shares during the last quarter. AE Wealth Management LLC grew its position in shares of iShares Gold Trust by 21.4% during the second quarter. AE Wealth Management LLC now owns 182,231 shares of the exchange traded fund’s stock worth $8,005,000 after acquiring an additional 32,165 shares during the last quarter. Finally, Kiely Wealth Advisory Group Inc. raised its position in iShares Gold Trust by 52.2% in the 2nd quarter. Kiely Wealth Advisory Group Inc. now owns 7,781 shares of the exchange traded fund’s stock valued at $356,000 after purchasing an additional 2,668 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 0.5 %

Shares of NYSEARCA:IAU opened at $50.99 on Friday. The company has a 50-day simple moving average of $49.87 and a 200-day simple moving average of $48.70. iShares Gold Trust has a one year low of $37.53 and a one 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.