iShares Gold Trust (NYSEARCA:IAU) Stock Position Cut by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd lessened its stake in iShares Gold Trust (NYSEARCA:IAU) by 3.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 89,680 shares of the exchange traded fund’s stock after selling 2,841 shares during the period. Harvest Fund Management Co. Ltd’s holdings in iShares Gold Trust were worth $3,501,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. CWM LLC lifted its holdings in iShares Gold Trust by 2.6% in the 3rd quarter. CWM LLC now owns 19,155 shares of the exchange traded fund’s stock valued at $670,000 after acquiring an additional 492 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in iShares Gold Trust by 92.6% in the 3rd quarter. Geneos Wealth Management Inc. now owns 2,768 shares of the exchange traded fund’s stock valued at $97,000 after acquiring an additional 1,331 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in iShares Gold Trust by 7.7% in the 3rd quarter. Capital Investment Advisors LLC now owns 14,192 shares of the exchange traded fund’s stock valued at $497,000 after acquiring an additional 1,009 shares during the last quarter. Impact Partnership Wealth LLC lifted its holdings in iShares Gold Trust by 3,609.1% in the 3rd quarter. Impact Partnership Wealth LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 1,985 shares during the last quarter. Finally, Alhambra Investment Partners LLC lifted its holdings in iShares Gold Trust by 25.7% in the 3rd quarter. Alhambra Investment Partners LLC now owns 144,130 shares of the exchange traded fund’s stock valued at $5,043,000 after acquiring an additional 29,426 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA IAU traded down $0.13 on Tuesday, reaching $43.91. The company’s stock had a trading volume of 8,372,289 shares, compared to its average volume of 6,865,078. iShares Gold Trust has a twelve month low of $34.35 and a twelve month high of $45.98. The firm’s 50 day moving average is $41.41 and its two-hundred day moving average is $39.17.

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.