iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Morton Capital Management LLC CA

Morton Capital Management LLC CA trimmed its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 0.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 245,326 shares of the exchange traded fund’s stock after selling 818 shares during the period. iShares Gold Trust makes up approximately 2.8% of Morton Capital Management LLC CA’s holdings, making the stock its 8th biggest holding. Morton Capital Management LLC CA’s holdings in iShares Gold Trust were worth $10,306,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IAU. ORG Partners LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at approximately $28,000. Pingora Partners LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $31,000. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $32,000. North Star Investment Management Corp. lifted its stake in shares of iShares Gold Trust by 125.7% during the fourth quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 479 shares during the period. Finally, Chilton Capital Management LLC lifted its stake in shares of iShares Gold Trust by 162.8% during the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 542 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 0.2 %

Shares of NYSEARCA:IAU traded down $0.10 on Tuesday, hitting $43.98. 1,006,848 shares of the company were exchanged, compared to its average volume of 6,450,007. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $46.08. The stock’s 50 day moving average price is $44.28 and its 200 day moving average price is $41.28.

iShares Gold Trust Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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