Mirador Capital Partners LP Decreases Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Mirador Capital Partners LP lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,625 shares of the exchange traded fund’s stock after selling 241 shares during the period. Mirador Capital Partners LP’s holdings in iShares Gold Trust were worth $614,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Nova Scotia raised its holdings in iShares Gold Trust by 5.4% during the 3rd quarter. Bank of Nova Scotia now owns 21,481 shares of the exchange traded fund’s stock valued at $742,000 after acquiring an additional 1,091 shares during the period. Glenmede Trust Co. NA lifted its holdings in iShares Gold Trust by 2.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 27,366 shares of the exchange traded fund’s stock worth $958,000 after purchasing an additional 713 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in iShares Gold Trust by 585.5% during 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 in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Gold Trust by 58.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock worth $360,189,000 after purchasing an additional 3,815,686 shares during the period. Finally, Royal Bank of Canada grew its holdings in iShares Gold Trust by 2.9% during the 3rd quarter. Royal Bank of Canada now owns 3,878,147 shares of the exchange traded fund’s stock valued at $135,696,000 after buying an additional 110,785 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $44.06 on Tuesday. The company’s 50-day moving average price is $44.18 and its 200-day moving average price is $41.45. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $46.08.

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.