Bryn Mawr Capital Management LLC Trims Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Bryn Mawr Capital Management LLC lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 12.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,163 shares of the exchange traded fund’s stock after selling 2,106 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares Gold Trust were worth $592,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of IAU. ORG Partners LLC acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth about $28,000. North Star Investment Management Corp. increased its position in shares of iShares Gold Trust by 125.7% during the fourth quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 479 shares during the last quarter. Chilton Capital Management LLC raised its stake in shares of iShares Gold Trust by 162.8% in the 4th quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 542 shares during the period. GAMMA Investing LLC purchased a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $38,000. Finally, Tompkins Financial Corp acquired a new stake in iShares Gold Trust in the 4th quarter valued at approximately $57,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $44.26 on Friday. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $45.98. The stock’s fifty day moving average is $41.78 and its two-hundred day moving average is $39.32.

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.