Flputnam Investment Management Co. Reduces Stake in iShares Gold Trust (NYSEARCA:IAU)

Flputnam Investment Management Co. lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,707 shares of the exchange traded fund’s stock after selling 555 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares Gold Trust were worth $1,784,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IAU. Natixis Advisors L.P. grew its holdings in iShares Gold Trust by 2.7% during the 1st quarter. Natixis Advisors L.P. now owns 18,628 shares of the exchange traded fund’s stock valued at $686,000 after buying an additional 486 shares during the last quarter. BlackRock Inc. grew its holdings in iShares Gold Trust by 17.0% during the 1st quarter. BlackRock Inc. now owns 3,061,470 shares of the exchange traded fund’s stock valued at $112,754,000 after buying an additional 445,160 shares during the last quarter. Cibc World Market Inc. grew its holdings in iShares Gold Trust by 43.2% during the 1st quarter. Cibc World Market Inc. now owns 93,543 shares of the exchange traded fund’s stock valued at $3,445,000 after buying an additional 28,233 shares during the last quarter. Allianz Asset Management GmbH acquired a new stake in iShares Gold Trust during the 1st quarter valued at $3,469,000. Finally, Moors & Cabot Inc. boosted its holdings in shares of iShares Gold Trust by 10.0% during the first quarter. Moors & Cabot Inc. now owns 15,156 shares of the exchange traded fund’s stock worth $558,000 after purchasing an additional 1,380 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock opened at $45.20 on Wednesday. iShares Gold Trust has a 52-week low of $34.35 and a 52-week high of $45.98. The stock’s fifty day simple moving average is $40.78 and its 200-day simple moving average is $38.81.

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.