Central Bank & Trust Co. Sells 7,205 Shares of iShares Gold Trust (NYSEARCA:IAU)

Central Bank & Trust Co. reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 51.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,822 shares of the exchange traded fund’s stock after selling 7,205 shares during the quarter. Central Bank & Trust Co.’s holdings in iShares Gold Trust were worth $338,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IAU. Archer Investment Corp grew its holdings in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 635 shares during the period. Global Trust Asset Management LLC grew its holdings in iShares Gold Trust by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares during the last quarter. McIlrath & Eck LLC increased its position in shares of iShares Gold Trust by 34.3% in the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after acquiring an additional 341 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of iShares Gold Trust by 158.7% during the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 887 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Down 0.5 %

iShares Gold Trust stock opened at $50.99 on Tuesday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69. The firm has a 50-day moving average of $49.87 and a 200-day moving average of $48.76.

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.