iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV decreased its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 3.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,212 shares of the exchange traded fund’s stock after selling 713 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in iShares Gold Trust were worth $711,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. NBC Securities Inc. purchased a new stake in shares of iShares Gold Trust in the third quarter valued at about $602,000. Harvest Fund Management Co. Ltd increased its holdings in shares of iShares Gold Trust by 33.2% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 92,521 shares of the exchange traded fund’s stock worth $3,237,000 after buying an additional 23,065 shares during the last quarter. Great Valley Advisor Group Inc. raised its position in shares of iShares Gold Trust by 16.2% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 501,203 shares of the exchange traded fund’s stock valued at $17,537,000 after buying an additional 69,959 shares during the period. Fermata Advisors LLC lifted its holdings in iShares Gold Trust by 8.6% in the third quarter. Fermata Advisors LLC now owns 140,845 shares of the exchange traded fund’s stock valued at $4,928,000 after acquiring an additional 11,177 shares during the last quarter. Finally, Jump Financial LLC grew its position in iShares Gold Trust by 100.4% in the third quarter. Jump Financial LLC now owns 52,809 shares of the exchange traded fund’s stock worth $1,848,000 after acquiring an additional 26,462 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU traded up $0.05 on Monday, reaching $44.12. The company’s stock had a trading volume of 4,117,300 shares, compared to its average volume of 6,848,589. The stock has a 50 day moving average price of $43.69 and a 200 day moving average price of $40.37. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $46.08.

About iShares Gold Trust

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.