Natixis Advisors LLC Sells 702 Shares of iShares Gold Trust (NYSEARCA:IAU)

Natixis Advisors LLC decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.5% during the third quarter, Holdings Channel reports. The firm owned 19,077 shares of the exchange traded fund’s stock after selling 702 shares during the quarter. Natixis Advisors LLC’s holdings in iShares Gold Trust were worth $948,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Archer Investment Corp raised its position in iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares during the period. Global Trust Asset Management LLC raised its position in iShares Gold Trust by 250.0% in the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 500 shares during the period. 1620 Investment Advisors Inc. bought a new position in iShares Gold Trust in the second quarter worth approximately $31,000. Opal Wealth Advisors LLC bought a new position in iShares Gold Trust in the second quarter worth approximately $34,000. Finally, Pacifica Partners Inc. bought a new position in iShares Gold Trust in the second quarter worth approximately $35,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.2 %

IAU opened at $49.78 on Thursday. iShares Gold Trust has a 1-year low of $37.40 and a 1-year high of $52.69. The firm’s 50 day simple moving average is $50.37 and its two-hundred day simple moving average is $47.25.

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.