iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Brookstone Capital Management

Brookstone Capital Management reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 3.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 288,620 shares of the exchange traded fund’s stock after selling 10,086 shares during the quarter. Brookstone Capital Management’s holdings in iShares Gold Trust were worth $12,125,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. ORG Partners LLC acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth about $28,000. Pingora Partners LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter valued at about $31,000. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter valued at about $32,000. North Star Investment Management Corp. raised its stake in shares of iShares Gold Trust by 125.7% in the 4th 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 period. Finally, Chilton Capital Management LLC lifted its holdings 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 worth $34,000 after acquiring an additional 542 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.2 %

iShares Gold Trust stock opened at $43.96 on Friday. The firm has a 50 day moving average price of $44.20 and a 200 day moving average price of $41.36. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week 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.