iShares Gold Trust (NYSEARCA:IAU) Stake Lowered by Tsfg LLC

Tsfg LLC trimmed its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 26.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,130 shares of the exchange traded fund’s stock after selling 774 shares during the quarter. Tsfg LLC’s holdings in iShares Gold Trust were worth $89,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of iShares Gold Trust by 226.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,060,223 shares of the exchange traded fund’s stock valued at $236,531,000 after acquiring an additional 4,200,989 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares Gold Trust by 58.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock valued at $360,189,000 after purchasing an additional 3,815,686 shares during the period. Axxcess Wealth Management LLC grew its position in iShares Gold Trust by 585.5% in the 3rd quarter. Axxcess Wealth Management LLC now owns 1,107,742 shares of the exchange traded fund’s stock worth $38,760,000 after purchasing an additional 946,138 shares during the last quarter. Chevy Chase Trust Holdings LLC increased its stake in shares of iShares Gold Trust by 57.8% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 1,695,861 shares of the exchange traded fund’s stock valued at $66,189,000 after purchasing an additional 621,382 shares during the period. Finally, Comerica Bank bought a new stake in shares of iShares Gold Trust during the third quarter valued at approximately $20,698,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.1 %

Shares of NYSEARCA IAU opened at $43.93 on Friday. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $46.08. The stock has a 50 day simple moving average of $44.18 and a 200-day simple moving average of $41.40.

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.