Asset Management One Co. Ltd. Decreases Position in iShares Gold Trust (NYSEARCA:IAU)

Asset Management One Co. Ltd. reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 15.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,250 shares of the exchange traded fund’s stock after selling 9,900 shares during the period. Asset Management One Co. Ltd.’s holdings in iShares Gold Trust were worth $2,733,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Avestar Capital LLC increased its position in shares of iShares Gold Trust by 71.6% during the fourth quarter. Avestar Capital LLC now owns 90,627 shares of the exchange traded fund’s stock valued at $4,487,000 after buying an additional 37,821 shares during the period. Beckerman Institutional LLC lifted its position in iShares Gold Trust by 29.1% during the fourth quarter. Beckerman Institutional LLC now owns 9,030 shares of the exchange traded fund’s stock valued at $447,000 after purchasing an additional 2,034 shares during the period. McClarren Financial Advisors Inc. bought a new position in iShares Gold Trust during the fourth quarter valued at approximately $74,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in iShares Gold Trust in the fourth quarter worth approximately $170,000. Finally, Three Bridge Wealth Advisors LLC raised its position in iShares Gold Trust by 0.4% in the fourth quarter. Three Bridge Wealth Advisors LLC now owns 197,524 shares of the exchange traded fund’s stock worth $9,779,000 after acquiring an additional 800 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Up 0.1 %

Shares of NYSEARCA IAU opened at $55.42 on Thursday. The firm’s fifty day moving average is $51.46 and its two-hundred day moving average is $49.98. iShares Gold Trust has a 52-week low of $38.21 and a 52-week high of $55.49.

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.