iShares Gold Trust (NYSEARCA:IAU) Stock Holdings Lowered by SlateStone Wealth LLC

SlateStone Wealth LLC lowered its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 64.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,635 shares of the exchange traded fund’s stock after selling 24,383 shares during the quarter. SlateStone Wealth LLC’s holdings in iShares Gold Trust were worth $532,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in IAU. JPMorgan Chase & Co. raised its holdings in shares of iShares Gold Trust by 58.9% during the third quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock valued at $360,189,000 after acquiring an additional 3,815,686 shares during the period. Packer & Co Ltd acquired a new position in iShares Gold Trust in the 3rd quarter valued at approximately $125,443,000. First Command Advisory Services Inc. acquired a new position in iShares Gold Trust in the 3rd quarter valued at approximately $50,473,000. Axxcess Wealth Management LLC increased its stake 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 valued at $38,760,000 after buying an additional 946,138 shares during the period. Finally, TIAA Trust National Association acquired a new position in iShares Gold Trust in the 3rd quarter valued at approximately $29,403,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.2 %

iShares Gold Trust stock traded down $0.07 during trading hours on Tuesday, hitting $43.97. The company had a trading volume of 7,457,847 shares, compared to its average volume of 6,851,710. The firm’s fifty day moving average is $41.29 and its 200-day moving average is $39.10. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $45.98.

iShares Gold Trust 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.