iShares Gold Trust (NYSEARCA:IAU) Holdings Trimmed by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich trimmed its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 67.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 114,113 shares of the exchange traded fund’s stock after selling 234,543 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares Gold Trust were worth $4,454,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. PFG Advisors boosted its stake in shares of iShares Gold Trust by 3.7% during the 4th quarter. PFG Advisors now owns 20,968 shares of the exchange traded fund’s stock valued at $818,000 after buying an additional 754 shares during the period. Kingswood Wealth Advisors LLC lifted its stake in shares of iShares Gold Trust by 203.7% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 19,533 shares of the exchange traded fund’s stock valued at $762,000 after purchasing an additional 13,101 shares during the last quarter. Hsbc Holdings PLC lifted its stake in shares of iShares Gold Trust by 6.7% in the 3rd quarter. Hsbc Holdings PLC now owns 99,513 shares of the exchange traded fund’s stock valued at $3,482,000 after purchasing an additional 6,263 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of iShares Gold Trust in the 4th quarter valued at $544,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of iShares Gold Trust by 10.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock valued at $119,000 after purchasing an additional 282 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.3 %

IAU stock opened at $44.26 on Friday. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $45.98. The company has a fifty day simple moving average of $41.78 and a 200 day simple moving average of $39.29.

iShares Gold Trust 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.