Harvest Fund Management Co. Ltd Has $8.75 Million Holdings in iShares Gold Trust $IAU

Harvest Fund Management Co. Ltd reduced its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 28.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 120,297 shares of the exchange traded fund’s stock after selling 47,546 shares during the period. Harvest Fund Management Co. Ltd’s holdings in iShares Gold Trust were worth $8,752,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. MTM Investment Management LLC acquired a new position in iShares Gold Trust during the second quarter valued at approximately $25,000. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust in the 3rd quarter valued at $25,000. Mountain Hill Investment Partners Corp. bought a new position in shares of iShares Gold Trust in the 3rd quarter valued at $29,000. Traub Capital Management LLC bought a new position in shares of iShares Gold Trust in the 2nd quarter valued at $31,000. Finally, Fourth Dimension Wealth LLC raised its holdings in shares of iShares Gold Trust by 436.3% during the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 349 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key iShares Gold Trust News

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iShares Gold Trust Trading Down 1.3%

IAU stock opened at $94.38 on Friday. The firm has a 50-day moving average price of $93.05 and a 200-day moving average price of $81.68. iShares Gold Trust has a 12 month low of $55.78 and a 12 month high of $104.40. The stock has a market capitalization of $79.69 billion, a P/E ratio of 5.53 and a beta of 0.09.

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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

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