iShares Gold Trust (NYSEARCA:IAU) Stock Position Lowered by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 6.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 14,099 shares of the exchange traded fund’s stock after selling 954 shares during the period. Hanson & Doremus Investment Management’s holdings in iShares Gold Trust were worth $698,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Archer Investment Corp increased its stake in iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the period. Valued Wealth Advisors LLC increased its stake in shares of iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 333 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares Gold Trust by 127.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 635 shares in the last quarter. Global Trust Asset Management LLC boosted its position in iShares Gold Trust by 71.4% during the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 500 shares during the last quarter. Finally, Raleigh Capital Management Inc. grew its stake in iShares Gold Trust by 15,750.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 1,260 shares in the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Down 0.3 %

IAU opened at $52.00 on Thursday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The business has a 50-day moving average of $50.27 and a 200-day moving average of $49.10.

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.